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mortgage rates slide to record lows

mortgage rates continue to drop well below 4 percent. the average rate for a 30 year fixed rate mortgage declined 2 basis points to 3.83 percent since last week, the lowest value on on record for this mba series. the purchase application volume declined 3.0 percent and the refinance application increased 5.6 percent over the same period.

irish lawyers battle bankers for mortgage escape as ge eyes exit

as ireland’s mortgage crisis worsens, attorney ross maguire just gets busier.

freddie mac announces prepayments in certain mortgage participation certificates

mclean, va., may 22, 2012 /prnewswire/ -- freddie mac (otc:fmcc) announced today that certain of its mortgage participation certificates (pcs) will shortly experience prepayments in a total amount of approximately ...

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how the banks respond

Who Can Get an FHA- Insured Mortgage? Almost any individual who has a satisfactory credit record, enough cash to close the loan, and sufficient steady income to make monthly mortgage payments without difficulty can be approved for an FHA- insured mortgage.

2nd Mortgage Interest Rate Also, refinance mortgage applications are on the increase while rates have declined over the past few weeks.

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