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Mortgage News

News on Mortgage continually updated from thousands of sources around the net.

1 hr ago | The Motley Fool

Should You Pay Off a Mortgage Early? The Answer May Surprise You

Imagine a married couple -- let's call them Matt and Donna Smith -- bought their dream house two years ago. The house was $250,000, and they paid $50,000 as a down payment.

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Related Topix: Home, Mortgage, Personal Finance

5 hrs ago | WKYC-TV Cleveland

5 foolish mistakes first-time home buyers make5 foolish mistakes...

Check out this story on WKYC.com: http://usat.ly/1tQXJnI Buying a home is exciting, especially when you're buying for the first time. In the midst of all of the excitement, it's easy to become blinded by beautiful back-splashes, granite and quartz counter tops, hardwood floors, and fenced-in backyards.

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Related Topix: Home Buying, Home, Mortgage, Personal Finance

9 hrs ago | Thenew995fm.com

Mortgage Gumbo with Dwayne Stein

News Talk 99.5 WRNO proudly welcomes "Mortgage Gumbo" hosted by Dwayne Stein to the airwaves. Dwayne's show will talk about all areas of the real estate industry while specifically educating listeners about money and basic mortgage principles.

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Related Topix: Home, Mortgage, Personal Finance, Real Estate, Southeastern Louisiana University, Hammond, LA, Slidell, LA

13 hrs ago | Click Orlando

Investors tell Fed: Don't fumble interest rates

America's central bank wraps up its two-day meeting on Wednesday and will subsequently outline its latest monetary policy. The Fed has been holding down the federal funds rate near zero since the financial crisis, but a strengthening economy has lead to speculation that it will raise rates sooner than later.

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Related Topix: Financial Markets, Home, Mortgage, Personal Finance

17 hrs ago | HeraldNet

For some young singles, mortgage easier to get than a credit card

Steve Ganley, 25, stands in front of the home he bought in Bethel Park, Pennsylvania, in August with a $150,000 mortgage he qualified for. Steve Ganley, 25, stands in front of the home he bought in Bethel Park, Pennsylvania, in August with a $150,000 mortgage he qualified for.

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Related Topix: Home, Mortgage, Personal Finance, Bethel Park, PA, Duquesne University

21 hrs ago | Credit.com

What Kind of Mortgage Is Right for You?

When you need to borrow money, you want to be sure you are doing so wisely. Knowing your options and understanding the strategy and consequences of each can prepare you to make the best possible decision.

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Related Topix: Home, Mortgage, Personal Finance

Sat Sep 13, 2014

South China Morning Post

HSBC pays US$550m to settle US claims over mortgage-backed securities

The Hongkong and Shanghai Banking Corporation was founded in Hong Kong on March 3, 1865, and in Shanghai one month later. In 1980, HSBC acquired 51 per cent of Marine Midland Bank, buying the rest in 1987.

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Related Topix: HSBC Holdings, Banking, Financial Services, Home, Mortgage, Personal Finance, Fannie Mae

West Australian

China August factory growth slows to near six-year low, calls grow for more stimulus

China's factory output grew at the weakest pace in nearly six years in August while growth in other key sectors also cooled, raising fears the world's second-largest economy may be at risk of a sharp slowdown unless Beijing takes fresh stimulus measures. The output data, combined with weaker readings in retail sales, investment and imports, pointed to a further loss of momentum as the cooling housing market increasingly drags on other sectors from cement to steel and saps consumer confidence.

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Related Topix: Home, Mortgage, Personal Finance

Motherwell Today

Referendum countdown: Alistair Darling argues case for keeping the union

In five days time we will make the most important decision of our political lives. The stakes are very high.

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Related Topix: Alistair Darling, Home, Mortgage, Personal Finance

Examiner.com

Man with fraud history arrested for swindling $2 million from school teachers

A swindler who sold over $2 million in illegal promissory notes and other securities to school teachers , administrators and other school district employees was arrested this week. According to the Texas State Securities Board yesterday, McKinny resident Christopher Anthony Zaal was arrested Sept.

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Related Topix: Education Etc., Collin County, TX, Personal Finance, Retirement, Home, Mortgage

Mortgage News Daily

Mortgage Rates Now Back to 4.25% on Average

Mortgage rates have now endured an insulting 10 straight days without improving. While a few of those have resulted in 'unchanged' levels, most have sent rates higher.

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Related Topix: Mortgage, Personal Finance, Home

Patch.com

Police: 2 Women Charged in Mortgage Scam; Cops Warn of More Victims

The warning comes days after two women were arrested and charged with stealing more than $90,000 from victims expecting help on mortgages, cops said. Tania Ayala, 37, of Uniondale, was charged with second- and third-degree grand larceny Sunday after Nassau Detectives said she scammed victims of $64,000.

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Related Topix: Home, Mortgage, Personal Finance, Ozone-Park, NY

Fri Sep 12, 2014

Barron's

Two Mortgage REIT Picks for Higher Rates

While the eventual increase in short rates is approaching we still see relatively attractive risk-to-reward in the mortgage real estate investment trusts given the current discount to book values.

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Related Topix: Mortgage, Personal Finance, Home, REIT

Carlsbad Current-Argus

HSBC paying $550M to resolve mortgage bond claims

Big British bank HSBC has agreed to pay $550 million to resolve U.S. claims that it misled U.S. mortgage giants Fannie Mae and Freddie Mac about risky mortgage securities it sold them before the housing market collapsed in 2007. The Federal Housing Finance Agency, which oversees Fannie and Freddie, announced the settlement Friday with HSBC.

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Related Topix: Home, Mortgage, Personal Finance, Financial Services, Fannie Mae, Albuquerque, NM

Gazette-news.co.uk

Colchester residents front of the queue for Help to Buy scheme

COLCHESTER is one of the country's most popular locations for the Government's Help to Buy mortgage scheme, new figures reveal. There have been 174 sales in the CO2 postcode area, which includes Berechurch, Old Heath and Shrub End, since Help to Buy launched last April.

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Related Topix: Mortgage, Personal Finance, Home

CBS Atlanta

Top 9 vacation destinations for Wall Street geeks

If you're geeky about Wall Street and investing, it may not matter whether you're placing trades with your broker or standing in line at the grocery store - the world of finance is never far from your thoughts. Here are some top spots! If you're geeky about Wall Street and investing, it may not matter whether you're placing trades with your broker or standing in line at the grocery store - the world of finance is never far from your thoughts.

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Related Topix: Mortgage, Personal Finance, Home

Swindon Advertiser

Woman faces trial over A 300,000 theft and fraud allegations

Lynsey Mitchell has been charged with one count of theft to the tune of A 108,519.40, and a further 18 counts of fraud, totalling more than A 200,000. Mitchell, 30, of Salvation Army hostel Booth House, is said to have carried out the offences between October 2010 and August 2013.

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Related Topix: Home, Mortgage, Personal Finance

The Financial Mirror

New thinking on non-performing loans, banks and mortgages

In a new book which is bound to cause controversy, two young academics Mian and Sufi provide new thinking and ideas on loans and mortgages. Should banks share the cost of non-performing loans? Are austerity policies on credit leading us in the wrong direction? What brought about the current recession? Contrary to much popular belief, the bankruptcy of Lehman Bros was not the main factor behind the 2008 recession which swept the USA and much of the rest of the world.

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Related Topix: Home, Mortgage, Personal Finance, Economics News, Bankruptcy, University of Chicago

Thu Sep 11, 2014

Wall Street Journal

Burned Banks Unlikely to Embrace Mortgage Fix

The Federal Housing Finance Agency, which regulates Fannie Mae and Freddie Mac, wants to make it easier for low-income Americans to take out mortgages and refinance home loans.

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Related Topix: Mortgage, Personal Finance, Home

SiliconValley.com

August slowdown hits Bay Area housing market

The Bay Area's housing market is cooling off after a red-hot spring and summer, according to an August sales report released Thursday by real estate information company CoreLogic DataQuick. Steady price increases have made the region one of the hottest markets in the nation, but sales have been constrained by a lack of inventory.

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Related Topix: Alameda County, CA, Contra Costa County, CA, Santa Clara County, CA, San Mateo County, CA, Home, Mortgage, Personal Finance

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