Mortgage Rates Information News Blog

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Current Mortgage Rates

 YesterdayToday
30 Yr FRM4.94%4.93%
15 Yr FRM4.32%4.30%
FHA 30 Year Fixed5.14%5.12%
Jumbo 30 Year Fixed6.46%6.45%
5/1 Yr ARM4.14%4.14%

 

Britain confronts debt of Greek proportions - San Francisco Chronicle

And debt is piling up at an alarming rate. The British government borrowed 4.3 billion pounds ($6.44 billion) in January ... It has taken over two troubled mortgage lenders, and holds major stakes in two big banks, Royal Bank of Scotland and Lloyds ...

Wed, 10 Mar 2010 22:57:00 GMT

 

System for funding legal aid is broken - Weblogs.baltimoresun.com

... when Congress established the Legal Services Corporation, interest on so-called lawyer trust accounts has become a widely used method of financing non-profit groups that provide free legal aid to the poor in civil cases. But the current economic ...

Wed, 10 Mar 2010 22:14:00 GMT

 

Capital Senior Living Corporation Reports Fourth ... - MSN Money

Adjusted EBITDAR was $14.6 million in the current quarter compared to $14 ... December 31, 2009, the Company financed its 25 owned communities with mortgage debt totaling $182.3 million at fixed interest rates averaging 6.1 percent. With the ...

Wed, 10 Mar 2010 22:42:00 GMT

 

The U.S. Economy: Riding the Debtors' Merry-Go-Round - Seekingalpha.com

The disconnect between this market and the real world is very similar to the current disconnect between the U.S. housing market and the real world. At a time when there is the greatest over-supply of housing in U.S. history, the Obama regime has just ...

Wed, 10 Mar 2010 22:49:00 GMT

 


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Fitch Ratings Affirms CSFB Series 2002-CP3 - Yahoo Finance

NEW YORK--(BUSINESS WIRE)--Fitch Ratings affirms, assigns Rating Outlooks and Loss Severity (LS) ratings to Credit Suisse First Boston's (CSFB) commercial mortgage pass-through certificate, series 2002-CP3, as follows: --$26.7 million class A-2 at ...

Wed, 10 Mar 2010 20:41:00 GMT

 

Soaring debt, a struggling economy and a looming ... - Chicago Tribune

LONDON (AP) — Government debt is growing, as is the deficit. The economy is struggling to get out of recession and there is talk of spending cuts or higher taxes. The unions are on edge. And the currency is plummeting. The country is not Greece ...

Wed, 10 Mar 2010 22:49:00 GMT

 

Fitch Downgrades Resource Real Estate Funding CDO 2006 ... - PR Inside

Fitch Ratings has downgraded all classes of Resource Real Estate Funding CDO 2006-1 Ltd. /LLC (RRE 2006-1) reflecting Fitch's base case loss expectation of 48%. Fitch's performance expectation incorporates prospective views regarding commercial real ...

Wed, 10 Mar 2010 22:14:00 GMT

 

Grey Horse Reports 2009 Results - Market Wire

... in particular, which placed constraints on our profitability: the level of interest rates ... managing our current relationships. If we are successful in gaining regulatory approvals, our expansion into the residential mortgage business industry ...

Wed, 10 Mar 2010 22:28:00 GMT

 

Grey Horse Reports 2009 Results Revenue increased 3 ... - PR Inside

... particular, which placed constraints on our profitability: -- the level of interest rates ... managing our current relationships. If we are successful in gaining regulatory approvals, our expansion into the residential mortgage business industry ...

Wed, 10 Mar 2010 22:35:00 GMT

 

S.F.'s Four Seasons averts foreclosure - San Francisco Business Journal

... fact that vacancy rates at the Four Seasons had tumbled to 50 percent and it was unclear if or when the luxury end of the hotel market would bounce back. While Millennium was public in its decision to stop making mortgage ... the current value ...

Wed, 10 Mar 2010 22:49:00 GMT

 

Mortgage Rates

Twin Cities home prices are up again - Minneapolis Star Tribune

But as mortgage banker Alex Stenback points out on his behindthemortgage ... Some economists are bracing for a second wave of foreclosures, however, as borrowers with adjustable rate mortgages face higher resets or a job loss finally takes its toll ...

Thu, 11 Mar 2010 01:20:00 GMT

 

Derivatives debate splits US and Europe regulators - San Jose Mercury News

NEW YORK—To European officials, financial derivatives are dangerous weapons that worsened Greece's debt crisis and should be curbed. To Wall Street, they're tools that reduce risk and generate profits and should be left alone. Now, regulators on ...

Thu, 11 Mar 2010 00:37:00 GMT

 

75 years on, Bank gets it right on inflation - Financial Post

Handout Bank notes are counted and bundled for distribution across the country in this 1960 Bank of Canada photo. The newly constituted Bank of Canada took over responsibility for Canada’s currency 75 years ... Seventy-five years ago Thursday the ...

Thu, 11 Mar 2010 00:44:00 GMT

 

The U.S. Economy: Riding the Debtors' Merry-Go-Round - Seekingalpha.com

Japan buys U.S. Treasuries, the U.S. buys British bonds, and the UK buys Japanese bonds. All these auctions are “covered,” which means these Three Amigos have no problems with their massive debts – right? Wrong. The whole point is that playing ...

Wed, 10 Mar 2010 23:32:00 GMT

 

Home equity loan avoids fees of refinancing mortgage - WCPO

Q. I would like to refinance my adjustable-rate mortgage to lock in one of today's low rates. But I don't want to pay a lot of fees for a new mortgage that would actually make my monthly payments bigger over the next year. Refinancing would cost ...

Wed, 10 Mar 2010 23:18:00 GMT

 

Soaring China property prices raise worries over bubble ... - Brandon Sun

SHANGHAI, China - The luxury apartment buildings Yang Xuhua passes on her way to work are a daily reminder of her own frustrated efforts to buy a home. Prices for even modest apartments in Shanghai have soared, putting home purchases out of reach for ...

Thu, 11 Mar 2010 00:22:00 GMT

 

S.F.'s Four Seasons averts foreclosure - San Francisco Business Journal

The Four Seasons Hotel San Francisco has escaped looming foreclosure as owner Millennium Partners and a new equity partner have paid down a significant amount of the debt on the property. Millennium and private equity group Westbrook Partners have ...

Wed, 10 Mar 2010 22:49:00 GMT

 

Despite low interest rates, people aren’t buying homes - The Christian Science Monitor

The Mortgage Bankers Association (MBA) publishes the results of a weekly applications survey that covers roughly 50 percent of all residential mortgage originations and tracks the average interest rate for 30 year and 15 year fixed rate mortgages, 1 ...

Wed, 10 Mar 2010 18:25:00 GMT

 

Rates climb after report points to stronger demand - KTAR.com

The yield on the three-month T-bill that matures June 10 was flat at 0.14 percent. Its discount rate was 0.15 percent.

Wed, 10 Mar 2010 22:35:00 GMT

 

Welcome to the United States of Iceland - CNN Money

and the world. Our banks are still too big to fail, their boards are still poorly composed, we have no Consumer Financial Protection Agency, no systemic regulator, no resolution authority, and no reform of mortgage securitization or ratings agencies ...

Wed, 10 Mar 2010 18:17:00 GMT

 

Countrywide Mortgage

Jersey City police officer is charged with bank fraud - Bridgeton News

Wed, 10 Mar 2010 23:18:00 GMT

 

Legal 4 - Green River Star

Wed, 10 Mar 2010 23:04:00 GMT

 

Jersey City officer accused of lying to bank to get ... - NorthJersey.com

Wed, 10 Mar 2010 22:57:00 GMT

 

Countrywide Offers Mortgage Rewards for UK Customers - HULIQ.com

Wed, 10 Mar 2010 17:56:00 GMT

 


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Refinance Mortgage

Scott's REIT reports strong fiscal 2009 results - Stockhouse

Thu, 11 Mar 2010 00:15:00 GMT

 

Broward denies Bank of America financing role in backlash against Big ... - Fort Lauderdale Sun-Sentinel

Bank of America lost out on a role in financing a new courthouse in downtown Fort Lauderdale on Tuesday after county commissioners complained the megabank has failed to help people with troubled mortgages and unfairly jacked up credit card fees. "I ...

Wed, 10 Mar 2010 23:32:00 GMT

 

Balloon payment mortgages - WXYZ

Wed, 10 Mar 2010 23:25:00 GMT

 

Home equity loan avoids fees of refinancing mortgage - WXYZ

Wed, 10 Mar 2010 23:18:00 GMT

 

Despite low interest rates, people aren’t buying homes - The Christian Science Monitor

Wed, 10 Mar 2010 18:25:00 GMT

 

Mortgage Rates Rise Ahead of Treasury Auction. Fail to Recover ... - MortgageNewsDaily.com

Much like Monday, yesterday was a data-less day in the marketplace, leaving me at a loss for words and new guidance. Mortgage-backed securities prices did managed to move higher following a very strong 3 year Treasury debt auction, unfortunately MBS ...

Wed, 10 Mar 2010 22:49:00 GMT

 

Noozhawk » Mark Cornwall: Changing the American Dream - Noozhawk

Wed, 10 Mar 2010 23:25:00 GMT

 

Fitch Ratings Affirms CSFB Series 2002-CP3 - Yahoo Finance

Wed, 10 Mar 2010 20:41:00 GMT

 

Fitch Ratings Affirms Asset Securitization 1996-D2 - PR Inside

Wed, 10 Mar 2010 20:48:00 GMT

 

Seminar Looks At Owning A Home After A Divorce - Santa Clarita Radio

Wed, 10 Mar 2010 21:24:00 GMT

 

National City Mortgage

2,390 HOMES SOLD IN FEBRUARY: Local home sales up ... - Las Vegas Review Journal

Wed, 10 Mar 2010 20:41:00 GMT

 

A look at global economic developments - Boston Globe

manufacturing output rose 0.2 percent in January compared with a year earlier, but the output of all production industries dropped by 1.5 percent, the Office for National Statistics ... for even modest apartments in this city have soared, putting ...

Wed, 10 Mar 2010 19:15:00 GMT

 

A look at economic developments and activity in major stock markets ... - Minneapolis Star Tribune

Wed, 10 Mar 2010 18:53:00 GMT

 

Bulletin board - March 11 - Abington Mariner

Wed, 10 Mar 2010 16:01:00 GMT