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Avatar Posted by Mortgages 424 days ago (http://www.mortgagedaily.com)
Category: Mortgages
Lenox Financial Mortgage LLC has agreed to a settlement with the Arizona attorney general, according to an announcement. The mortgage broker was accused of running radio advertisements for loans with no closing costs that were misleading. The state claimed the Lenox violated the Arizona Consumer Fraud Act. read more »
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Avatar Posted by Mortgages 424 days ago (http://ep.bankrate.com)
Category: Mortgage Advice
Co-signer on two new vehicle loans has limited options to consolidate, advises Bankrate car expert Terry Jackson. read more »
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Avatar Posted by Mortgages 424 days ago (http://www.quickenloans.com)
Category: Mortgages
A lot of attention has been paid to the Federal Reserve's decision on Tuesday to cut the Federal Funds Rate by a half percent - but what does this jargon mean for consumers? The answer can be complicated. read more »
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Avatar Posted by Mortgages 424 days ago (http://www.quickenloans.com)
Category: Mortgages
In an effort to curtail rising foreclosure rates across the country the Federal Housing Administration (FHA) recently announced its FHASecure program. read more »
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Avatar Posted by Mortgages 424 days ago (http://www.quickenloans.com)
Category: Mortgages
Homeowners who find themselves in a situation where they may eventually be facing foreclosure need to act fast. There are a few options that, if done soon enough in the process, can save a person money and most importantly their credit. read more »
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Avatar Posted by Mortgages 424 days ago (http://www.quickenloans.com)
Category: Mortgages
The Mortgage Bankers Association announced this morning that applications for mortgage loans slipped 4 percent last week when compared to the week prior. Quicken Loans Chief Economist Bob Walters says that applications have been negatively impacted by the recent tightening of credit. read more »
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Avatar Posted by Mortgages 424 days ago (http://www.quickenloans.com)
Category: Mortgages
The National Association of Realtors announced today that total existing home sales decreased 0.2% in July. Bob Walters, chief economist for Quicken Loans, says the decrease in sales, along with the largest inventory of unsold homes in 16 years, shows the market is still struggling to find solid footing. read more »
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Avatar Posted by Mortgages 424 days ago (http://www.quickenloans.com)
Category: Mortgages
The Mortgage Bankers Association announced this morning that applications for mortgage loans increased 1.3 percent last week when compared to the week prior. Quicken Loans Chief Economist Bob Walters says although mortgage standards have tightened, positive financing opportunities are still available for those who qualify. read more »
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Avatar Posted by Mortgages 424 days ago (http://www.quickenloans.com)
Category: Mortgages
What happens when a mortgage company goes bankrupt is simply that the mortgages they own are sold to another mortgage company. Nothing else changes. read more »
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Avatar Posted by Mortgages 424 days ago (http://www.quickenloans.com)
Category: Mortgages
The Federal Open Market Committee (FOMC, Fed) today reduced its Fed Funds Rate by a half percent. This was the first reduction of the rate in more than three years. read more »
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Avatar Posted by Mortgages 424 days ago (http://www.quickenloans.com)
Category: Mortgages
Some economists predict the financial markets will soon calm down, making jumbo loans available to consumers who qualify for them. In the meantime, anyone who needs a large mortgage should contact a mortgage professional and discuss all available options. read more »
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Avatar Posted by Mortgages 424 days ago (http://www.quickenloans.com)
Category: Mortgages
Mortgage activity surged during the holiday-shortened Labor Day week, according to the Mortgage Bankers Association (MBA). Quicken Loans Chief Economist Bob Walters says the survey may indicate consumers are now realizing if they have the right qualifications, home financing is still obtainable. read more »
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Avatar Posted by Mortgages 424 days ago (http://mortgages.interest.com)
Category: Mortgages
When daredevils perform hair-raising stunts, they admonish viewers: "Don't try this at home." A similar warning should be on these loans. read more »
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Avatar Posted by Mortgages 424 days ago (http://mortgages.interest.com)
Category: Mortgages
State and local agencies can help first-time home buyers obtain the money they need for down payments and closing costs. read more »
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Avatar Posted by Mortgages 424 days ago (http://mortgages.interest.com)
Category: Mortgages
People desperate to buy homes will turn to interest-only mortgages if they can't afford to pay both interest and principal. read more »
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