Archive for January, 2010

Mortgage modifications with cash payments to homeowners?

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Mortgage interest rates flat

We've gone offbeat!Quick! Click my head!The average interest rate on a 30-year, fixed-rate mortgage (FRM) stayed below the 5 percent mark, slipping to 4.98 percent for the week

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FHA speeding up foreclosure sales

To speed up resales of foreclosed properties, the Feds are going to allow Federal Housing Administration (FHA) mortgage insurance on previously exempted homes. Under most conditions, FHA currently prohibits

FHA’s ‘subprime replacement’ loans tougher to get

Garmin's GPS Naggigator FHA mortgages will soon require higher mortgage insurance payments, greater down payments for some borrowers and sellers' concessions are getting slashed in half.by Broderick Perkins

Home equity smarts

Get the full story here!Just keep in mind, when you use it, you lose it. A home equity loan, by it's very nature, is an equity-depleting loan. You

Qualified for a home buyer tax credit? Expect refund delay

DeadlineNews Group here!Looking to weed out fraud, the Internal Revenue Service recently released new forms and instructions for taxpayers filing for the home buyer tax credit. by Broderick

Existing home sales plunge largest in 40 years

We've gone offbeat!Quick! Click my head! From November to December, resale home sales sank nearly 17 percent in December, the largest month-to-month decline since 1968. Economists expected only

Energy Star shines brighter after DOE crackdown

DeadlineNewsGroup here!How do you squeeze more energy efficiency out of your home appliances? Have the Department of Energy blow a fuse over manufacturers whose appliances don't make the

Turning 'upside down' mortgages right side Up

DeadlineNewsGroup here.This is the kind of scenario government leaders would like to see played out more often for struggling homeowners, especially when a loan modification without a principal

Mortgage interest rates down for three weeks

Auto show season tips for buyersFreddie Mac says both fixed rate mortgages (FRMs) and adjustable rate mortgages (ARMs) eased along with shorter-term rates, as the federal funds futures

Feds crackdown on FHA lenders with high foreclosure rates

Tiger Tart does Maxim videoThe Feds are being applauded for going after mortgage lenders who may have contributed to the housing crisis by writing bad loans, but they

House Haitians in steel cargo shipping containers

Haitian quake quake generatesphilanthropic fraud aftershocksThose 20- to 40-foot corrugated steel containers, a much stronger and more permanent alternative to weaker manufactured homes, are built to withstand stacking

Manipulate your mortgage, mangle your credit score

Uke Puke: 'Going viral' gets lameIf you are struggling financially as a homeowner, you may be considering some of the new ways to make your mortgage more affordable,

Mortgage interest rates down on the FRM side, ARMs up and down

This school has gone to potFixed mortgage interest rates on 30- and 15-year loans are down, adjustable mortgage rates mixed, low rates overall are fueling a hot refinance

Shopping for a mortgage in five easy steps

Sex doll with brains, orgasms Financing the purchase of a home could be the most complex financial decision you'll ever endure. You need all the help you can get. "There are

Mortgage interest rates reverse course

Auto loan defaults on the riseProcrastinating home loan borrowers got a reprieve this week as interest rates inched down after rising all through December.by Broderick Perkins ©

Mortgage interest rates flat in New Year

Infomercials juice your brainto induce buying behaviorInforma reports mortgage interest rates stabilized this week and remained unchanged from a week ago. Rates are, however, up slightly from this

Mortgage modifying moratorium gives homeowners more time

If your trial mortgage modification was set to expire this month, sending you back to the limbo of a less affordable mortgage, you just got a reprieve. The U.S.

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