Tag Archives: mortgage report

Mortgage Rates Fall

I expect mortgage interest rates to fall .5% over the next couple of months. There’s very little demand for mortgages. Ergo, the price of mortgages aka the interest rate, will feel pressure to drop. Overall, the economic news for America … Continue reading

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Banks Must Be Tiring Of Modifying Mortgages

If somebody has lost his job, what is the point of modifying his mortgage? If he doesn’t have solid income every month, then how is he going to make a mortgage payment. Unemployment is around 10% and there is little … Continue reading

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Finding A Mortgage

Report: For example, mortgage lenders now actually verify that the borrower earns as much income as they have stated on their loan application form. In the mortgage industry, stated income loans became known as liar loans because many borrowers were … Continue reading

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Aussies Holding Up Well In Mortgage Crunch

Oct. 2 (Bloomberg) — Australian mortgages remain resilient to increased borrowing costs amid the global credit crisis, Fitch Ratings said in a report today. Australian mortgage holders have weathered the storm considerably better than their counterparts globally, in part because … Continue reading

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Divorce & Mortgage

Report: If you own a home and have a mortgage on the home it is necessary to get the divorce decree to detail who is responsible for the payment. If you have credit cards that are joint in name you … Continue reading

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