Articles

HOPE NOW reports more homeowners completed workout solutions to stay in their homes in June. (Source: Brad Nwin, www.hopenow.org)

Weekly Mortgage Bankers Association application statistics indicates average 30-year fixed rate hovering around 5.36 percent.

This article explores options for homeowners who have gotten behind on their mortgages.

A NAR article on existing home sales. Keep in mind, home sales usually go up during the spring and summer seasons, but the news is promising nevertheless. (Source Realtor.org)

Loan programs for home buyers who cannot provide traditional income documentation to obtain a mortgage.

Provides practical guidance for homebuyers or new investors who are in the market for short sale (preforeclosure) properties.

Homeowners who are upside down on their mortgages can refinance up to 125% LTV through Fannie Mae one month earlier than previously announced.

In an effort to reduce its foreclosure inventory, Freddic Mac offers closing help and home warranty.

A Republican Senator proposes an increased tax credit and expands home buyer eligibility.

Citigroup announced today that it would lower some mortgage payments to unemployed homeowners as part of its Unemployment Assist Program.

Freddie Mac's weekly survey says that the rate on a 30 year fixed rate loan has fallen below 5% for the first time ever. But you may have trouble finding a rate this low.

Mortgage rates reached record lows this week because of cuts in the Fed Fund rate and the drop in Treasury rates. Still, rates have not dropped as much as would be expected.