Mortgage Industry News
Mortgage Delinquency Rate Drops to Near-Record Low
Serious delinquencies (loans 90 or more days past due) were down by 18,000 from April, a 3.7% drop. Continue Reading Mortgage Delinquency Rate Drops to Near-Record Low
CrossCountry Mortgage Debuts Program to Help First-Time Buyers with Down Payment Costs
CCM Smart Start is available in all 50 states and Puerto Rico. Continue Reading CrossCountry Mortgage Debuts Program to Help First-Time Buyers with Down Payment Costs
Reverse mortgages explained
Source: Observer Reporter --- Q. With reference to a recent column in which the reader said she had lost her home to a reverse mortgage, there are two primary ways this can happen, and I want to explain how to avoid this so that it never happens to any other reader....
mortgages Zero-down loans for homebuyers preparing to go expansion route
Source: Insurance News Net --- Nearly a year into a special lending program aimed at underserved homebuyers, the initiative is soon to expand from a few banks to mainstream, nonbanking lenders. Could these good intentions be the beginning of our next lending debacle?”...
Mortgage rates just took the biggest plunge since 1981 — but analysts say the market is ‘not out of the woods yet’
Source: Yahoo! Finance --- Mortgage rates tumbled by their biggest weekly drop in four decades after new data suggested inflation could be starting to cool. Consumer prices rose by 7.7% in October — a slower pace than economists predicted — and the average rate on a...
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Recent Posts
Hits and Misses for the Real Estate Week of April 27-May 1- Global Manufactured Homes Market Forecast to Reach Nearly $43 Billion by 20…
- San Francisco’s Bay Club Acquires Full City Block for $65 Million
- Pennsylvania Housing Finance Agency Launches Home Purchase Assistance Loan
- Portland Duo Sentenced for Running Real Estate Investment Fraud Scheme
