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Mortgage Rates for Best Borrowers Rise as Bonds Slump (Update1) - BloombergAug. 21 (Bloomberg) -- A decline in mortgage bond prices is raising interest rates on U.S. home loans, even for borrowers least prone to default. Rates on average 30-year fixed mortgages rose to 6.37 percent this week, about the highest in six years ...
Mortgage Rates for Best Borrowers Rise as Home-Loan Bonds Slump - BloombergAug. 21 (Bloomberg) -- A decline in mortgage bond prices is raising interest rates on U.S. home loans, even for borrowers least prone to default. Rates on average 30-year fixed mortgages rose to 6.37 percent this week, about the highest in six years ...
Fannie, Freddie woes raising mortgage rates - CNBCJeff Jaye, a mortgage broker in Northern California, used to rely on homeowners looking to refinance their loans for more than two-thirds of his business. Today, he rarely bothers with those applications because he knows most homeowners can't qualify ...
Loan firms' troubles squeeze home mortgage borrowers - Detroit NewsJeff Jaye, a mortgage broker in Northern California, used to rely on homeowners looking to refinance their loans for more than two-thirds of his business. Today, he rarely bothers with those applications because he knows most homeowners can't qualify ...
Good news for California housing - Los Angeles TimesAglimmer of sunlight poked through the housing market gloom this week, when the latest statistics on sales, prices and defaults in Southern California were released. Home sales were nearly 14% higher last month than in July 2007, the first year-over ...
Fannie, Freddie fallout hitting home - Seattle TimesJeff Jaye, a Northern California mortgage broker, used to rely on homeowners looking to refinance their loans for more than two-thirds of his business. Today, he rarely bothers with those applications because he knows most homeowners can't qualify ...
Regulator to help IndyMac mortgage borrowers - ReutersWASHINGTON (Reuters) - Thousands of homeowners with distressed mortgage loans linked to failed lender IndyMac may soon be able to avoid foreclosure under a program announced on Wednesday by U.S. banking regulators. The Federal Deposit Insurance Corp ...
FDIC to help IndyMac mortgage borrowers - ReutersWASHINGTON (Reuters) - Thousands of homeowners with distressed mortgage loans linked to failed lender IndyMac may soon be able to avoid foreclosure under a program announced on Wednesday by U.S. banking regulators. The Federal Deposit Insurance Corp ...
FDIC Restructuring Some IndyMac Loans - Washington PostFederal regulators yesterday announced a plan to systematically modify the loans of at least 25,000 homeowners with mortgages held by failed lender IndyMac in an attempt to create an industry model for assisting troubled borrowers. Throwing a ...
30-year mortgage steady, other rates decline - San Francisco GateSunday, August 17, 2008 Freddie Mac, the mortgage company, reported Thursday that 30-year, fixed-rate mortgages averaged 6.52 percent last week. That was the same rate as the two previous weeks and represented the second-highest rate of the year. The ...
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