Articles by MortgageLoan.com
Banks Claim $10B in Mortgage Relief
8/29/2012, 5:02 pm from MortgageLoan.com in Personal Finance, Banking and Loans
Major banks provided over $10 billion in mortgage relief to
consumers in recent months as part of a $25 billion settlement over
foreclosure abuses, the monitor of the settlement reported
today. ... Read >>
Foreclosure Rate Lowest in 5 Years
8/28/2012, 4:23 pm from MortgageLoan.com in Personal Finance, Real Estate
The number of homes lost to foreclosure has fallen to its lowest
level in five years, according to new figures from the real estate
analytical firm CoreLogic. A total of 58,000 residential... Read >>
New Rules to Simplify Short Sales
8/27/2012, 4:54 pm from MortgageLoan.com in Personal Finance, Banking and Loans
Homeowners facing a job relocation or other hardship will soon
be able to qualify for an expedited short sale of their homes,
under new federal rules. Beginning Nov. 1, homeowners with a ... Read >>
Can You Qualify for a Mortgage?
8/24/2012, 8:19 pm from MortgageLoan.com in Personal Finance, Banking and Loans
Can you qualify for a mortgage to buy a home? It's a
straightforward question, but often one without a simple answer.
Here are some of the main considerations to answer that question
for... Read >>
First-Time Homebuyers Decline
8/23/2012, 7:37 pm from MortgageLoan.com in Personal Finance, Real Estate
Fewer first-home buyers are coming into the market, despite
favorable home prices and mortgage interest rates that would
normally encourage young people to become homebuyers. Only 34 percent of... Read >>
Refinance Demand Down as Rates Rise
8/22/2012, 3:25 pm from MortgageLoan.com in Personal Finance, Banking and Loans
Mortgage demand fell for a third consecutive week last week, as
rising interest rates led to a decline in applications to refinance
current home loans. Refinance applications were down a... Read >>
Home Sales, Prices Show More Gains
8/21/2012, 7:39 pm from MortgageLoan.com in Personal Finance, Real Estate
U.S. home sales posted an annual increase for the 13
th consecutive month in July, with prices trending
upward as well, according to new figures released by the real
estate firm RE/MAX. July... Read >>
Rule Would Require No-Fee Loan Option
8/20/2012, 8:01 pm from MortgageLoan.com in Personal Finance, Banking and Loans
Mortgage lenders would have to offer borrowers a straightforward
"no fee" home loan to make it easier to compare competing offers
under a set of new rules proposed by the Consumer... Read >>
3 Questions Before You Buy a Home
8/17/2012, 10:22 am from MortgageLoan.com in Personal Finance, Real Estate
With home prices and mortgage rates as low as they are right
now, many renters are wondering whether they'd be better off buying
their own place. Is home ownership the right decision for you? ... Read >>
Rates Climb for Third Straight Week
8/16/2012, 11:17 am from MortgageLoan.com in Personal Finance, Banking and Loans
Mortgage rates continue to track gradually upward, posting
modest increases for the third consecutive week according to
today's figures from Freddie Mac . Average interest rates on 30-year... Read >>