Lenders Raise Mortgage Interest Rates in Advance of UK Interest ...
First American Title 932 Southwood Blvd., Suite 101, Incline Village, NV 89451Mortgage applications rose another 7.5 percent last week on a seasonally adjusted basis, compared to the previous week, according to the Mortgage Bankers ...more
Transferrable Mortgage?
I have an ARM that will change next February, but the way the mortgage index is moving, it's possible I won't end up paying any more. But it got me to thinking: Is there a mortgage available that could be transferred to another house? ...more
S&P Takes Action on Over $500 Billion in Mortgage Securities
Standard and Poor’s said late today that it downgraded or may downgrade $270.1 billion worth of US mortgage-backed securities and did the same with $263.9 billion in CDOs. The securities in question are 6389 classes of residential MBS ...more
Fed Rates Keep Falling
Not all mortgages are directly linked to the Fed rate, but adjustable rate mortgages (ARMs) are one type that is influenced by the Fed rate. Thus, ARM rates were affected by last week’s drastic Fed rate drop. ...more
Lenders Raise Mortgage Interest Rates in Advance of UK Interest ...
With speculation rife that the Monetary Policy Committee will cut base rate again next week, mortgage lenders have been preparing for the potential increased demand by increasing margins offered on tracker rate mortgages. ...more
