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Latest news
Triad mortgage brokers wait for a bump in activity
The drop in mortgage interest rates sparked by the dramatic cut in the key federal funds rate in December has yet to translate into a big bump in Triad home lending activity, according to area brokers.
Read more News Source - BizJournals
Publish date - 05:43:49 01/05/09

Low Mortgage Interest Rates
As the economy has slowed, mortgage interest rates have fallen to their low read more
Read more News Source - 12 FOX Mankato
Publish date - 01:27:16 01/06/09

Mortgage crisis here may be worse than reported
Dorothy Gary never lost her home, but the senior citizen's oversized 24 percent mortgage rate brought her awfully, awfully close.
Read more News Source - The Buffalo News
Publish date - 13:33:39 01/05/09

Falling mortgage rates draw interest from local homeowners
LAS CRUCES — For three consecutive weeks, rates on 30-year mortgages have fallen to record lows and people across the nation are taking advantage. Last week the Mortgage Bankers Association reported mortgage applications were at the highest level in more than five years.
Read more News Source - Las Cruces Sun-News
Publish date - 02:15:32 01/06/09

Fed Focuses on Consumer, Corporate Rate Spreads Over Treasuries
Jan. 6 (Bloomberg) -- Federal Reserve officials are focused on driving down the spreads between U.S. Treasury yields and consumer and corporate loans, after cutting the main interest rate to almost zero failed to revive lending.
Read more News Source - Bloomberg
Publish date - 06:05:21 01/06/09

Buyers Market for Denver Home Sales
DENVER - Interest free loans for HUD owned homes, the lowest mortgage rates in 55 years, and home prices that are holding their value better than all but two metro areas in the United States are all reasons why Denver-area Realtors are getting their open house signs up every weekend.
Read more News Source - FOX 31 Denver
Publish date - 04:17:30 01/05/09

As Interest Rates Drop, Interest in Refinancing Jumps
Mortgage consultants say a growing number of people want to take advantage of lower interest rates.
Read more News Source - WFMY News 2 Greensboro
Publish date - 03:38:43 01/06/09

Low Interest Rates Spurring Refinancing Rush
Mortgage rates are at an all time low and that's spurring many homeowners to lock into a lower rate.
Read more News Source - ABC 2 Baltimore
Publish date - 21:24:31 01/05/09

Mortgage rationing gets tougher
Mortgage lenders are continuing to demand larger deposits as they ration home loans to their customers.
Read more News Source - BBC News
Publish date - 12:21:16 01/05/09

Jumbo mortgage loan rates put damper on refinancing
While plunging mortgage rates have spawned a frenzy of refinancing, borrowers with larger, so-called jumbo loans are still seeing interest rates in the 7 percent range, prompting many to abandon refinancing plans altogether or resort to creative transactions.
Read more News Source - Boston Globe
Publish date - 09:53:22 01/05/09


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