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Mortgage News

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

1 hr ago | Denver Post

Millenials and mortgages: The trend isn't really what you think

Legislative aide Sara Stevens, 27, knows interest rates are low, rents are high and owning a home can build wealth, but after witnessing the worst real-estate slump since the Great Depression, she is resisting buying a home of her own.

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

5 hrs ago | Sydney Morning Herald

ME undercuts as mortgage fight continues

ME Bank will undercut the big banks' record-low five-year fixed mortgage rates, amid predictions competition in the $1.3 trillion market will remain intense as smaller lenders benefit from lower funding costs.

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

Sun Jul 27, 2014

Sydney Morning Herald

Markets Live: Soft start to profits season

The market is slightly lower after a couple of underwhelming early earnings results, while Healthscope enjoys a modest lift on debut.

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Related Topix: Texas, Financial Markets, 9, Home, Mortgage, Personal Finance, Australia, Oceania, World News

The Motley Fool

The Mortgage Market's Next Opportunity

The U.S. mortgage market has enjoyed historically low mortgage rates for so long that the pool of potential refinance customers has shrunk dramatically, forcing mortgage professionals to not only layoff employees, but to also seek a new audience in which to concentrate their business.

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Related Topix: Home, Mortgage, Personal Finance, Monmouth University, Housing

Christian Science Monitor

Retirement with mortgage loans? Why some keep debt for tax deductions.

A home is seen for sale July 30, 2013 in Gilbert, Ariz. Adults carrying mortgage loans may plan to keep the mortgage loans to use it for tax deductions.

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Related Topix: Home, Mortgage, Personal Finance, Retirement, Gilbert, AZ

Sydney Morning Herald

Banking NAB says mortgages well under control

Households are paying off their home loans faster as banks slash interest rates to record lows, with National Australia Bank saying 85 per cent of its mortgage customers are ahead of their minimum repayments.

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Related Topix: Home, Mortgage, Personal Finance, National Australia Bank, Financial Services, Credit Card Debt

Covington Reporter

Attorney General Bob Ferguson sues deceptive mortgage rescue firms

Ferguson alleges Delay My Sale Date and US Recovery Program have taken advantage of homeowners by falsely promising they can delay or prevent foreclosure.

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Related Topix: Home, Mortgage, Personal Finance, Foreclosures

News Observer

Democratic House bios for Michigan's 14th District

TOP ISSUE AND PLAN TO ADDRESS IT: My top priority will continue to be promoting economic growth and providing families and businesses a fair opportunity to be financially secure.

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

Sat Jul 26, 2014

St. Petersburg Times

Canadians working toward being mortgage-free by 58

Power Trip: A lineman reaches for a lift from a helicopter Wednesday as work continues on twinning power lines that run from Calgary to Edmonton near Carstairs, Alberta.

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Related Topix: North America, Canada, World News, Home, Mortgage, Personal Finance,

Sunday Mail

Dirty undies spoiled bomb plot

To use this website, cookies must be enabled in your browser. To enable cookies, follow the instructions for your browser below.

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Related Topix: Home, Mortgage, Personal Finance

Reuters

Goldman mortgage deal with federal agency could reach $1.25 billion: source

A deal to resolve a U.S. regulator's claims against Goldman Sachs Group Inc over mortgage-backed securities sold to Fannie Mae and Freddie Mac leading up to the financial crisis could cost the bank between $800 million and $1.25 billion, according to a person familiar with the matter.

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Related Topix: Goldman Sachs, Financial Services, Investment Services, Home, Mortgage, Personal Finance, Cohen Group, Consulting, Stanley, Morgan Stanley

NEWS.com.au

Should I now fix my mortgage?

THERE are several things to consider before you join the big bank's mortgage war and fix your interest rate, writes Jessica Irvine.

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Related Topix: Mortgage, Personal Finance, Home

Business News

A surprise boost for RBS, but let's not bet the (mortgaged) ranch

It's a miracle! Royal Bank of Scotland lives again as a semi-functional bank capable of delivering pleasant profit surprises to its owners .

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Related Topix: Mortgage, Personal Finance, Home

Business Journal

Mechanics Bank teams up with RPM mortgage to retool home-loan offering

Mechanics Bank President and CEO Christa Steele is making her mark on the $3 billion community bank.

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Related Topix: Home, Mortgage, Personal Finance, Wells Fargo , Banking, Financial Services, Richmond, CA

Fri Jul 25, 2014

Bellingham Herald

Treasurer: $1B in interest earned during tenure

"Not one dollar of principal has been lost during my time in office," he said. "I am proud of our record of interest earnings and portfolio gains.

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Related Topix: Mortgage, Personal Finance, Home

Switched

How Amortized Fixed Rate Loans Help Keep Your Final Mortgage Payment In Sight

Amortization, the word, stems from the Latin "mort," meaning death. In real estate speak, it literally means to "kill a loan" over a defined period of time.

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Related Topix: Home, Mortgage, Personal Finance

Business Journal

Long-term mortgage rates remain in holding pattern

Mortgage rates were little changed this week and likely won't move much the rest of the year.

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Related Topix: Mortgage, Personal Finance, Home

The Modesto Bee

Former FBI employee, wife admit to bank fraud

The U.S attorney's office says 61-year-old Charles Espinel and his wife, 58-year-old Jeannette Espinel, entered their pleas Thursday in San Francisco.

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Related Topix: San Francisco County, CA, San Francisco, CA, Home, Mortgage, Personal Finance, San Mateo County, CA, Daly City, CA

The Age

ANZ joins fixed-rate mortgage fight

Banks continue to cut fixed-rate mortgages as they fight to win new customers, with ANZ and Westpac the latest to reduce key interest rates to below 5 per cent.

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Related Topix: Mortgage, Personal Finance, Home, Financial Services, Westpac Banking Corporation

Thu Jul 24, 2014

Northern Michigan News

Correction: Housing-Clinging to Low Rates story

In a story July 11 about people who are hesitant to sell their homes and give up their ultra-low mortgage rates, The Associated Press reported erroneously that a rental index compiled by real estate data provider Zillow had risen 19 percent in the past year.

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Related Topix: Home, Mortgage, Personal Finance, Zillow, Home Listing, Housing, Real Estate

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