DeadlineNews.Com » Finance http://www.deadlinenews.com News that really hits home! Tue, 18 Jun 2013 17:07:36 +0000 en-US hourly 1 http://wordpress.org/?v=3.5.1 Fixed mortgage rates move higher for sixth week http://www.deadlinenews.com/2013/06/13/fixed-mortgage-rates-move-higher-for-sixth-week/ http://www.deadlinenews.com/2013/06/13/fixed-mortgage-rates-move-higher-for-sixth-week/#comments Thu, 13 Jun 2013 13:00:14 +0000 Corbin Perkins http://www.deadlinenews.com/?p=16614 The 30-year fixed-rate mortgage (FRM) rose to 3.98 percent, with an average 0.7 point, the week ending June 13, according to Freddie Mac's weekly Primary Mortgage Market Survey. The 30-year FRM has been rising every week for the past month, and has increased more than half a percentage point since then.

The post Fixed mortgage rates move higher for sixth week appeared first on DeadlineNews.Com.

]]> http://www.deadlinenews.com/2013/06/13/fixed-mortgage-rates-move-higher-for-sixth-week/feed/ 0 Short sale scammers still making the rounds http://www.deadlinenews.com/2013/06/09/short-sale-scammers-still-making-the-rounds/ http://www.deadlinenews.com/2013/06/09/short-sale-scammers-still-making-the-rounds/#comments Sun, 09 Jun 2013 13:00:58 +0000 Special Report http://www.deadlinenews.com/?p=16438 A short sale occurs, as an alternative to foreclosure, when a homeowner sells the property for less than the balance on the mortgage, provided the lender will accept the deal. Scammers try to squeeze in on the action, at your expense.

The post Short sale scammers still making the rounds appeared first on DeadlineNews.Com.

]]> http://www.deadlinenews.com/2013/06/09/short-sale-scammers-still-making-the-rounds/feed/ 0 HAMP, MHAP programs extended through 2015 http://www.deadlinenews.com/2013/06/08/hamp-mhap-programs-extended-through-2015/ http://www.deadlinenews.com/2013/06/08/hamp-mhap-programs-extended-through-2015/#comments Sat, 08 Jun 2013 13:00:45 +0000 Broderick Perkins http://www.deadlinenews.com/?p=16359 The Obama Administration has announced an extension, through December 31, 2015, on its successful Making Home Affordable (MHAP) Programs, including other provisions of the Home Affordable Modification Program.

The post HAMP, MHAP programs extended through 2015 appeared first on DeadlineNews.Com.

]]> http://www.deadlinenews.com/2013/06/08/hamp-mhap-programs-extended-through-2015/feed/ 0 Down payment shrinkage not due to eased credit squeeze http://www.deadlinenews.com/2013/06/07/down-payment-shrinkage-not-due-to-eased-credit-squeeze/ http://www.deadlinenews.com/2013/06/07/down-payment-shrinkage-not-due-to-eased-credit-squeeze/#comments Fri, 07 Jun 2013 13:00:18 +0000 Mark K. Hicks http://www.deadlinenews.com/?p=16365 A new study says the down payment amount home buyers are paying to buy a home is down nearly 10 percent over the past two years, but that doesn't necessarily mean you can fritter away money you've been saving for 20 percent down.

The post Down payment shrinkage not due to eased credit squeeze appeared first on DeadlineNews.Com.

]]> http://www.deadlinenews.com/2013/06/07/down-payment-shrinkage-not-due-to-eased-credit-squeeze/feed/ 0 Benchmark 30-year FRM interest rate inches nearer 4% http://www.deadlinenews.com/2013/06/06/benchmark-30-year-frm-interest-rate-inches-nearer-4/ http://www.deadlinenews.com/2013/06/06/benchmark-30-year-frm-interest-rate-inches-nearer-4/#comments Thu, 06 Jun 2013 16:50:22 +0000 Corbin Perkins http://www.deadlinenews.com/?p=16399 Fixed mortgage rates moved higher for the fifth consecutive week, as the average interest rate for the 15-year fixed rate mortgage moved above 3 percent for the first time since May 24th, 2012.

The post Benchmark 30-year FRM interest rate inches nearer 4% appeared first on DeadlineNews.Com.

]]> http://www.deadlinenews.com/2013/06/06/benchmark-30-year-frm-interest-rate-inches-nearer-4/feed/ 0 Mortgage reform amends ‘Ability-to-Repay’ rule http://www.deadlinenews.com/2013/06/04/mortgage-reform-amends-ability-to-repay-rule/ http://www.deadlinenews.com/2013/06/04/mortgage-reform-amends-ability-to-repay-rule/#comments Tue, 04 Jun 2013 13:00:14 +0000 Broderick Perkins http://www.deadlinenews.com/?p=16308 Federal Ability-to-Repay rule amendments and modifications should help garner greater access to credit by creating certain exemptions for small creditors, community development leaders and housing stabilization programs.

The post Mortgage reform amends ‘Ability-to-Repay’ rule appeared first on DeadlineNews.Com.

]]> http://www.deadlinenews.com/2013/06/04/mortgage-reform-amends-ability-to-repay-rule/feed/ 0 Mortgage reform targets home appraisals http://www.deadlinenews.com/2013/06/03/mortgage-reform-targets-home-appraisals/ http://www.deadlinenews.com/2013/06/03/mortgage-reform-targets-home-appraisals/#comments Mon, 03 Jun 2013 13:00:46 +0000 Broderick Perkins http://www.deadlinenews.com/?p=16273 New rules from the Consumer Financial Protection Bureau will soon give consumers additional rights to information on how a home value is determined and they sets new standards for appraisal requirements for "higher-priced mortgage loans."

The post Mortgage reform targets home appraisals appeared first on DeadlineNews.Com.

]]> http://www.deadlinenews.com/2013/06/03/mortgage-reform-targets-home-appraisals/feed/ 0 Fixed mortgage rates hit 2013 high http://www.deadlinenews.com/2013/05/30/fixed-mortgage-rates-hit-2013-high/ http://www.deadlinenews.com/2013/05/30/fixed-mortgage-rates-hit-2013-high/#comments Fri, 31 May 2013 01:44:05 +0000 Corbin Perkins http://www.deadlinenews.com/?p=16259 Fixed mortgage interest rates moved with rising long-term bond yields after news of growing market sentiment that the Federal Reserve may ease up on its accommodative policy stance.

The post Fixed mortgage rates hit 2013 high appeared first on DeadlineNews.Com.

]]> http://www.deadlinenews.com/2013/05/30/fixed-mortgage-rates-hit-2013-high/feed/ 0 DeadlineNews.Com’s offsite National Mortgage Settlement coverage http://www.deadlinenews.com/2013/05/19/deadlinenews-coms-offsite-national-mortgage-settlement-coverage/ http://www.deadlinenews.com/2013/05/19/deadlinenews-coms-offsite-national-mortgage-settlement-coverage/#comments Mon, 20 May 2013 02:50:02 +0000 Broderick Perkins http://www.deadlinenews.com/?p=16181 The National Mortgage Settlement continues to make the news and DeadlineNews.Com offers a one-stop spot for National Mortgage Settlement news that really hits home.

The post DeadlineNews.Com’s offsite National Mortgage Settlement coverage appeared first on DeadlineNews.Com.

]]> http://www.deadlinenews.com/2013/05/19/deadlinenews-coms-offsite-national-mortgage-settlement-coverage/feed/ 0 Mortgage reform targets foreclosure abuse, mortgage servicing failures http://www.deadlinenews.com/2013/05/17/mortgage-reform-targets-foreclosure-abuse-mortgage-servicing-failures/ http://www.deadlinenews.com/2013/05/17/mortgage-reform-targets-foreclosure-abuse-mortgage-servicing-failures/#comments Fri, 17 May 2013 13:00:11 +0000 Broderick Perkins http://www.deadlinenews.com/?p=16143 Foreclosure abuse prevention and mortgage servicing failures are the targets of a major set of new provisions in the Consumer Financial Protection Bureau's overhaul of mortgage regulations.

The post Mortgage reform targets foreclosure abuse, mortgage servicing failures appeared first on DeadlineNews.Com.

]]> http://www.deadlinenews.com/2013/05/17/mortgage-reform-targets-foreclosure-abuse-mortgage-servicing-failures/feed/ 0 Mortgage interest rates reverse course on economic gains http://www.deadlinenews.com/2013/05/09/mortgage-interest-rates-reverse-course-on-economic-gains/ http://www.deadlinenews.com/2013/05/09/mortgage-interest-rates-reverse-course-on-economic-gains/#comments Thu, 09 May 2013 19:26:02 +0000 Corbin Perkins http://www.deadlinenews.com/?p=15982 Most mortgage interest rates rose on a host of good economic news, much of it generated by the federal government's long-term efforts, including Freddie Mac and Fannie Mae profits, higher wages, the expiration of the payroll tax cut and the fiscal cliff deal.

The post Mortgage interest rates reverse course on economic gains appeared first on DeadlineNews.Com.

]]> http://www.deadlinenews.com/2013/05/09/mortgage-interest-rates-reverse-course-on-economic-gains/feed/ 0 OMG! Mortgage rates continue run on record lows http://www.deadlinenews.com/2013/05/02/omg-mortgage-rates-continue-run-on-record-lows/ http://www.deadlinenews.com/2013/05/02/omg-mortgage-rates-continue-run-on-record-lows/#comments Fri, 03 May 2013 00:03:46 +0000 Corbin Perkins http://www.deadlinenews.com/?p=15891 Average interest rates for both the 15-year fixed rate mortgage (FRM) and the 5-year adjustable rate mortgage (ARM) fell to new record lows, both for the second consecutive week, according to Freddie Mac’s weekly Primary Mortgage Market Survey for the ...

The post OMG! Mortgage rates continue run on record lows appeared first on DeadlineNews.Com.

]]> http://www.deadlinenews.com/2013/05/02/omg-mortgage-rates-continue-run-on-record-lows/feed/ 0 CFPB amends CARD Act, giving stay-at-home spouses, partners greater access to credit cards http://www.deadlinenews.com/2013/05/02/cfpb-amends-card-act-giving-stay-at-home-spouses-partners-greater-access-to-credit-cards/ http://www.deadlinenews.com/2013/05/02/cfpb-amends-card-act-giving-stay-at-home-spouses-partners-greater-access-to-credit-cards/#comments Thu, 02 May 2013 13:00:48 +0000 Special Report http://www.deadlinenews.com/?p=15876 Under the old CARD Act rule, stay-at-home spouses or partners with access to income and the ability to manage, debt were being declined for credit card accounts, because of a regulatory quirk. That's changed. Credit card issuers have six months to comply with the new rule.

The post CFPB amends CARD Act, giving stay-at-home spouses, partners greater access to credit cards appeared first on DeadlineNews.Com.

]]> http://www.deadlinenews.com/2013/05/02/cfpb-amends-card-act-giving-stay-at-home-spouses-partners-greater-access-to-credit-cards/feed/ 0 First-timers, existing homeowners driving the housing recovery http://www.deadlinenews.com/2013/04/26/first-timers-existing-homeowners-driving-the-housing-recovery/ http://www.deadlinenews.com/2013/04/26/first-timers-existing-homeowners-driving-the-housing-recovery/#comments Fri, 26 Apr 2013 13:00:59 +0000 Broderick Perkins http://www.deadlinenews.com/?p=15797 Investors are officially no longer the big kids on the block as existing homeowners and first-timers whittle away at low housing inventories. The housing recovery also comes with homes that take less time to sell, amounts paid over the asking price that are rising and homes that are flying off the shelves.

The post First-timers, existing homeowners driving the housing recovery appeared first on DeadlineNews.Com.

]]> http://www.deadlinenews.com/2013/04/26/first-timers-existing-homeowners-driving-the-housing-recovery/feed/ 0 Who will get the real mortgage crisis profits? http://www.deadlinenews.com/2013/04/26/who-will-get-the-real-mortgage-crisis-profits/ http://www.deadlinenews.com/2013/04/26/who-will-get-the-real-mortgage-crisis-profits/#comments Fri, 26 Apr 2013 13:00:03 +0000 Peter G. Miller http://www.deadlinenews.com/?p=15719 The stock market has reached new highs, home sales are soaring and interest rates are in near record lows, but with weak employment gains and declining household incomes much of the public thinks the economic recovery is a myth.

The post Who will get the real mortgage crisis profits? appeared first on DeadlineNews.Com.

]]> http://www.deadlinenews.com/2013/04/26/who-will-get-the-real-mortgage-crisis-profits/feed/ 0