by admin | Jan 23, 2009 | News
WASHINGTON – Jan. 23, 2009 – Washington is doing all it can to get money flowing again in the housing sector. At around 5 percent, 30-year mortgage rates are at levels that haven’t been seen in, well, 30 years. If you want to buy a home or refinance your existing...
by admin | Jan 23, 2009 | News
McLEAN, Va. – Jan. 23, 2009 – Rates on 30-year mortgages rose above 5 percent this week, ending a five-week run at record low levels, Freddie Mac reported Thursday. Mortgage rates have been in decline since the Federal Reserve said in late November it would buy up to...
by admin | Jan 16, 2009 | News
McLEAN, Va. – Jan. 16, 2009 – Rates on 30-year mortgages set a record for a fifth straight week by dropping to below 5 percent, the lowest mark since Freddie Mac started tracking the data in 1971. Mortgage rates have been dropping since late November, when the Federal...
by admin | Jan 14, 2009 | News
ORLANDO, Fla. – Jan. 14, 2009 – Qualifying for a mortgage is not nearly as easy these days as it was just a couple of years ago, before the sub prime-loan-market collapse and the worldwide credit freeze. Still, mortgages are approved every day, even for home buyers...
by admin | Jan 14, 2009 | News
WASHINGTON – Jan. 14, 2009 – Mortgage finance company Fannie Mae said Tuesday it has adopted a policy allowing renters to remain in their homes even if their landlord enters foreclosure. The new policy will allow residents of about 4,000 properties to sign new leases...
