tag:blogger.com,1999:blog-85282551007328662962024-11-24T23:23:13.700-08:00Official Blogger Blog of ForTheBestRate.com and PriceAMortgage.com. Where consumers turn for information on home finance, real estate, and mortgage news and notes.Nat Crisshttp://www.blogger.com/profile/08316388622732899911noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-8528255100732866296.post-7738422666860727432012-08-08T08:23:00.000-07:002015-10-01T14:48:59.660-07:00

According to a recent report by AARP, millions of older Americans are facing the risk of losing their homes. More than 3 million borrowers over the age of 50 are at risk, according to the report, with more than 1.5 million homeowners (age 50 or older) having already lost their homes since the beginning of the housing crisis. The report also showed that another 3.5 million owners are

CMGhttp://www.blogger.com/profile/01410923519682980002noreply@blogger.com0tag:blogger.com,1999:blog-8528255100732866296.post-57933260951380798982011-06-29T10:33:00.000-07:002011-06-29T10:33:00.763-07:00

"Mortgage Rates Move Lower Following Weak Jobs Report: 30yr 4.49%, 15yr 3.68% - new 2011 lows: http://bit.ly/kk8IvF" This quote from Freddie Mac wasn't found in a press release or news item - it was recently tweeted by @FreddieMac. Followed by 2171 other Twitter users, Freddie Mac uses the social media platform to broadcast market updates, release news about the corporation, and even communicate

Anonymoushttp://www.blogger.com/profile/11071094187591252326noreply@blogger.com0tag:blogger.com,1999:blog-8528255100732866296.post-41953101279005596722011-04-20T10:46:00.000-07:002012-05-22T10:10:06.534-07:00

The number of new foreclosures was down almost 14% in February when comparted to January, as reported by RealtyTrac, an online marketplace of foreclosure properties. Unfortunately the reasons behind the slowdown don't paint as rosy a picture as one might expect. Rather than because fewer homeowners are missing mortgage payments, the drop in new foreclosures is more likely the result of banks

Anonymoushttp://www.blogger.com/profile/11071094187591252326noreply@blogger.com0tag:blogger.com,1999:blog-8528255100732866296.post-52211325225239578132011-04-13T10:43:00.000-07:002011-04-13T10:43:00.330-07:00

Starting April 18th any new FHA loans (whose FHA case numbers are assigned this date or later) will see a 25 basis point increase in the Annual Mortgage Insurance Premium. A basis point is 1/100th of a percentage point - so this will raise the mortgage insurance premium by one quarter or one percent. This isn't a substantial increase but borrowers will see higher mortgage payments as a result.

Anonymoushttp://www.blogger.com/profile/11071094187591252326noreply@blogger.com0tag:blogger.com,1999:blog-8528255100732866296.post-26596051813560297102011-04-06T10:43:00.000-07:002011-04-06T10:43:13.306-07:00

The Financial Crimes Enforcement Network (FinCEN) announced in its report, Mortgage Loan Fraud SAR Filings In Fourth Quarter and Calendar Year 2010 that there was a 4% rise in suspicious activity reports involving mortgage fraud in 2010 over the number filed in 2009. FinCEN's role is to identify suspicious financial activity and then work with law enforcement to investigate the issues. According

Anonymoushttp://www.blogger.com/profile/11071094187591252326noreply@blogger.com0tag:blogger.com,1999:blog-8528255100732866296.post-39326285268324584812010-12-16T11:55:00.000-08:002010-12-16T11:55:00.103-08:00

Lawmakers, industry groups, and taxpayers are hotly debating whether it is time to eliminate the mortgage interest income tax deduction. The deduction is very popular among home owners, but this post from the Wall Street Journal Blog: Developments takes a thoughtful look at both sides of the discussion. Read the full story here: http://blogs.wsj.com/developments/2010/11/12/

Anonymoushttp://www.blogger.com/profile/11071094187591252326noreply@blogger.com0