51 posts tagged mortgagetrends

Is The 50-Year Mortgage For You During the past few weeks several mortgage lenders have announced that they will now offer 50-year mortgages. This is a curious idea, but not as curious as it could be: At the height of the real estate boom in Japan some homes were financed with 100-year mortgages.

Who is Most at Risk in the Slowing Market The slowing housing market and increased interest rates have led to many experts forecasting foreclosures and bank losses on risky mortgages. While the market hasn’t completely fallen in on itself, delinquency rates are on the rise in many areas across the country.

Discovery of Accounting Errors at Fannie and Freddie Saved the Market May 9th, 2008 | admin | mortgage If accounting failures had not been discovered at Fannie Mae and Freddie Mac, the housing market could have faced a potential financial disaster, said the new head of the oversight of the two mortgage giants on Monday.

Refinancings are Expected to Decline Frank Nothaft, chief economist for Freddie Mac, says that refinancings are expected to decline this year. Nothaft predicts that refinancings will only make up around 30% of all mortgage applications by the fourth quarter of 2006.

Mortgage Market: Increased Foreclosures and Tighter Lending Standards By Miranda Marquit May 6th, 2008 Posted in Mortgage Lenders, Foreclosures, Economy, Subprime Mortgages, Home Mortgage, Mortgage Trends, Mortgage News It is true, of course, that the economy is forefront in nearly everyone’s mind.

Mortgage Interest Rates Drop This Week By Miranda Marquit May 2nd, 2008 Posted in Trends, Economy, Mortgage Trends, Mortgage Interest, Home Mortgage, Mortgage Rates Mortgage interest rates saw a drop this week. Things have been crazy on the mortgage market lately.

From the world of crappy email, rises a new contender: RealEstateProNews.com who in this crappy email suggests you "fire your webmasters". Whoever sent this email for them should be fired: Why you ask?

Mortgage Market News: New Home Sales Plunge By Miranda Marquit April 24th, 2008 Posted in Economy, Foreclosures, Subprime Mortgages, Mortgage Trends, Mortgage News, Home Mortgage, Mortgage Rates New home sales in the United States are on their way down, plunging in March.

Economists Expect mortgage Rates to Hold April 24th, 2008 Interest rates for fixed-rate, 30-year home mortgages are likely to hold below 7% for the rest of the year, according to mortgage giant Freddie Mac.

Whether it’s a first home mortgage, or a second home mortgage, it is possible to save money by going green. A product called a green mortgage is being offered by more and more lenders around the country. Citi, Bank of America and JP Morgan Chase all offer some version of a green mortgage.