Obama to detail foreclosure plan on Wednesday
President Obama will release the details of his foreclosure prevention plan Wednesday, the White House announced today as several large banks pledged to temporarily stop foreclosures until the program is in place. Read more
President Obama will release the details of his foreclosure prevention plan Wednesday, the White House announced today as several large banks pledged to temporarily stop foreclosures until the program is in place. Read more
Housing plan to fund interest rate reductions?
The Obama administration’s housing plan will use government money to help reduce interest rates for struggling borrowers, while asking lawmakers to approve more ways to modify mortgages, according to a person briefed on the proposal. Read more
The Obama administration’s housing plan will use government money to help reduce interest rates for struggling borrowers, while asking lawmakers to approve more ways to modify mortgages, according to a person briefed on the proposal. Read more
Rates down a bit
For the week ending Feb 5th the 30-year fixed averaged 5.16% with an average 0.7% fee, down from last week when it averaged 5.25%. This time last year it averaged 5.72% Rate survey.
For the week ending Feb 5th the 30-year fixed averaged 5.16% with an average 0.7% fee, down from last week when it averaged 5.25%. This time last year it averaged 5.72% Rate survey.
The new rules of reverse mortgages
Reverse mortgages allow qualified borrowers to tap the equity in their home, pay off their existing mortgage balance -and all the while live in their home as long as they're able. Now, recent changes in a federal loan program may make reverse mortgages attractive. Read more.
Reverse mortgages allow qualified borrowers to tap the equity in their home, pay off their existing mortgage balance -and all the while live in their home as long as they're able. Now, recent changes in a federal loan program may make reverse mortgages attractive. Read more.
What's wrong with the new FICO formula
A new credit scoring system is headed your way. Personal Finance Editor Gerri Willis is here with what that means to you. Read.
A new credit scoring system is headed your way. Personal Finance Editor Gerri Willis is here with what that means to you. Read.
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"Money won't create success, the freedom to make it will"
Tim Monciref - Austin, TX
Over 2,000 homes sold…..
Thanks for the time and effort. This reminds me of the good ol' S&L crises of the 80's.....except I hope to God that the government does not create the RTC again. People forget that there were about 1900 S&L failures. We made it through......
Feb 13, 2009 08:59 AM
Dickson Realty - Reno, NV
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