Which States Have the Most Underwater Homes?

ByNat

Which States Have the Most Underwater Homes?

2012's second quarter saw another drop in the number of homes experiencing negative equity. CoreLogic published a press release on September 12th, which reported that, "600,000 more borrowers are now above water, for a total of 1.3 million. While that it is truly...

Mortgage Rates Fall to Record Lows Following Federal Reserve Board's Announcement

ByNat

Mortgage Rates Fall to Record Lows Following Federal Reserve Board's Announcement

Fixed mortgage rates fell once again to new record lows according to Freddie Mac's most recent mortgage market survey. According to Freddie's statistics, the 30 year fixed rate average dipped to 3.49% with .6 pts which was down from 3.55% last week. The...

30 Year Mortgage Rates Drop Below 3.5% Before Rising Above Record Lows

ByCMG

30 Year Mortgage Rates Drop Below 3.5% Before Rising Above Record Lows

Average mortgage rates hit yet another record low the week of July 26th, but have since inched above the record setting levels. According to reports from mortgage financing company, Freddie Mac, mortgage rates for the week ending Thursday, July 26 dipped to 3.49...

Are older Americans at greater risk of foreclosure?

ByCMG

Are older Americans at greater risk of foreclosure?

According to a recent report by AARP, millions of older Americans are facing the risk of losing their homes. More than 3 million borrowers over the age of 50 are at risk, according to the report, with more than 1.5 million homeowners (age...

Mortgage Rate Resources

ByCMG

Mortgage Rate Resources

Looking for some online resources that can help you find today's lowest mortgage rates? Take a look at some sites we found that offer helpful services for home buyers. Mortgage News Daily www.mortgagenewsdaily.com If you like to keep up with national and international...