adjustable rate mortgages
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Latest blogosphere posts tagged “adjustable rate mortgages”
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Hybrids dominate ARM offerings in number and popularity: Freddie Mac
Housing Wire —
Authority: 664
Hybrid adjustable-rate mortgages remain the most popular and most common ARM product, according to a survey by Freddie Mac.Freddie said initial rates are at the lowest levels recorded in the 28-year history of its ARM pricing survey, reflecting, in part, the low levels of the Treasury yields that are used as ...1 week ago -
Thirty-Year Fixed-Rate Matches All-Time Low
Expert Agent Real Estate Blog —
Authority: 105
Fixed mortgage rates started the year at or near their all-time record lows, according to market data published by Freddie Mac Thursday. The GSE reports the interest rate on a 30-year fixed mortgage averaged 3.91 percent (0.8 point) for the week ending January 5, 2012. That’s down from 3.95 percent the previous week ...2 weeks ago -
Home Equity Lines of Credit
All Home Loan Info —
Authority: 119
by mortgagepaymentplan Article by Tony Robinson Alright, you’ve been a homeowner for some 10 years now, and you’ve decided it’s time for improvement and expansion. What is the best way to obtain the funding for home improvement projects? A home equity line of credit is often the most feasible and profitable way ...2 weeks ago -
MGIC Updates Underwriting Requirements
Mortgage-Blog —
Authority: 129
Mortgage Guaranty Insurance Corp. announced changes to its qualifying rates on hybrid adjustable-rate mortgages. The mortgage insurance company also issued new guidelines for condominium projects with less than four units. In addition, MGIC’s requirements for co-borrowers who use non-traditional credit have been ...2 weeks ago -
Wells Agrees to Option ARM Settlement
Mortgage-Blog —
Authority: 129
Wells Fargo & Co. has reached a settlement with the state of Maryland over borrowers in payment-option adjustable-rate mortgages originated by two companies it previously acquired. At issue were borrowers in negative-amortization option ARMs who allegedly were not told that their minimum payments weren’t ...3 weeks ago -
Mortgage Market Index Tumbles to Record Low
Mortgage-Blog —
Authority: 129
The Mortgage Market Index was 131 for the week ended Dec. 30. The index has not been this low at any point since it was launched by Mortech Inc. and MortgageDaily.com in late 2009. Inquiries for adjustable-rate mortgages sank 36 percent from last week, the biggest drop of any category.4 weeks ago
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