MORTGAGE NEWS
- Don't tap retirement fund to pay off mortgage
- [at MarketWatch] - In this week's Realty Q&A, a retiree says his only debt is his $94,000 mortgage, and he wonders whether he should tap his 401 to pay off that bill. Lew Sichelman offers some advice.
- Thu, 02 Sep 2010 22:01:00 GMT
- Pending home sales index climbs 5.2% in July
- [at MarketWatch] - Pending home sales in July rose 5.2% from downwardly revised June levels, the National Association of Realtors reports, though the indicator shows the market for existing homes is still depressed after the expiration of a key tax benefit.
- Thu, 02 Sep 2010 08:54:00 GMT
- Fixed-rate mortgages, 5-year ARMs hit record low
- [at MarketWatch] - Fixed-rate mortgages and 5-year ARMS are at record lows this week.
- Thu, 02 Sep 2010 08:40:00 GMT
- A 15-year mortgage isn't for everyone
- [at MarketWatch] - A growing number of homeowners are choosing to pay down their mortgages at a faster rate -- even if it means a substantial jump in their monthly payments.
- Sun, 29 Aug 2010 22:01:00 GMT
- The dark side of loan-modification assistance
- [at MarketWatch] - An employee at a home-loan modification "law firm" offers a word of warning about the services offered by the company for which he works.
- Fri, 27 Aug 2010 11:54:00 GMT
- Fixed mortgage rates fall in nine of past 10 weeks
- [at MarketWatch] - Rates on fixed-rate mortgages hit another low this week, after recent reports showed drops in existing- and new-home sales, according to Freddie Mac’s weekly survey.
- Thu, 26 Aug 2010 12:59:00 GMT
- Foreclosures drop, but new delinquencies rise
- [at MarketWatch] - The percentage of homes somewhere in the foreclosure process fell in the second quarter, Mortgage Bankers Association data show. It marks the first drop since 2006 and the largest quarter-to-quarter drop since 2005.
- Thu, 26 Aug 2010 11:12:00 GMT