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44% of cook county homes with a mortgage are underwateralmost 667,000 homes with a mortgage in the seven-county chicago area were underwater on their mortgages in march -- and 13 percent of those homeowners were also delinquent on their mortgage payments by three months or more.mortgage rules prove too strict for some retireesit’s a mortgage problem that is likely to intensify as home-owning baby boomers by the millions shift into retirement: although they may have significant financial assets tucked away in retirement accounts, their diminished monthly incomes may not be sufficient to meet some lenders’ hyper-strict underwriting rules. read full article >>cmls financial releases latest commercial mortgage spread commentaryvancouver, british columbia-- - cmls financial is canada's only dedicated provider of commercial mortgage market intelligence. on a quarterly basis, cmls financial publishes a commentary on the canadian ...mortgage rates for 30-year u.s. loans fall to a record-low 3.78%u.s. mortgage rates for 30-year loans fell to a record low for a fourth straight week, reducing borrowing costs as a housing recovery takes hold. |
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