Homepath Mortgage Financing at its finest! Program Highlights include: •1) Up to 97% LTV for primary residences. •2) Up to 90% LTV for second homes and investment properties. •3) 660 minimum fico. •4) No appraisal needed....the contract sales price is used. •5) No mor
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05/26/2010
Treasury rates' 'amazing' slide continues NEW YORK (CNNMoney.com) -- Treasury prices rallied Tuesday and yields touched recent lows as confidence in the global economy sank and investors flocked to the safety of the bond market. The overall fear in the marketplace has fueled Treasury prices and s
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05/25/2010
A dubious distinction was reached during the first three months of 2010: More than 10% of all mortgage borrowers are now behind on their payments. The delinquency rate hit a record of 10.06% in the first quarter, according to the Mortgage Bankers Association. The seasonally adjusted rate account
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05/20/2010
A transfer in 2005 landed Air Force major Richard Hallbeck, his wife, and two kids in Southern California smack in the middle of the real estate bubble. Home prices in the area had doubled in the past five years and were still climbing. So the Hallbecks swallowed hard and bought an $845,000 four-
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05/06/2010