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Mortgage Refinancing News
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Part of planning for the best rate is awareness of the market. Watching news that relates to or can effect
interest rates is important when you want to catch the best rate you likely to see in your timeframe. These
news headlines deal specifically with interest rates and mortgages as a whole, they are automatically updated
throughout the day to ensure you have the freshest news available.
 U.S. Mortgage Foreclosures, Delinquencies Reach Highs (Update3) (Bloomberg.com)
5 Sep 2008 at 7:02pm
Sept. 5 (Bloomberg) -- Foreclosures accelerated to the fastest pace in almost three decades during the second quarter as interest rates increased and home values fell, prompting more Americans to walk away from homes they couldn't refinance or sell.
U.S. Mortgage Foreclosures, Delinquencies Reach Highs (Update1) (Bloomberg.com)
5 Sep 2008 at 11:12am
Sept. 5 (Bloomberg) -- Foreclosures accelerated in the second quarter to the fastest pace in almost three decades as interest rates increased and home values fell, prompting more Americans to walk away from homes they couldn't refinance or sell.
Mortgage-paying problems spreading (The Washington Times)
6 Sep 2008 at 4:29am
The housing foreclosure and delinquency crisis, which erupted last year as subprime borrowers with adjustable-rate mortgages began to default at record levels, has now begun to hit morecredit-worthy homeowners to an extent not seen before, according a quarterly report issued Friday by the Mortgage Bankers Association (MBA).
1 in 10 with mortgage are late or worse (The Santa Rosa Press Democrat)
6 Sep 2008 at 7:35am
WASHINGTON -- The source of trouble in the mortgage market has shifted from subprime loans made to borrowers with bad credit to homeowners who had solid credit but took out exotic loans with ballooning monthly payments.
Questions, and Hope, on Plans for Mortgage Giants (New York Times)
5 Sep 2008 at 10:50pm
For months, the questions hanging over Fannie Mae and Freddie Mac have unnerved Wall Street and Main Street. Now, some answers are arriving and with them a host of new questions.
Mortgage delinquencies in New Jersey rise in latest survey (The Record)
5 Sep 2008 at 12:38pm
WASHINGTON -- The delinquency rate for mortgage loans on residential properties in New Jersey was 5.43 percent at the end of the second quarter, an increase of 56 basis points, according to the Mortgage Bankers Association in a report released today.
Realty Q&A: How to get a no-hassle FHA purchase-rehab mortgage (Market Wa...
4 Sep 2008 at 7:25pm
I'm trying to obtain a loan for a home purchase -- I am not a flipper -- and I have been unable to find anyone who knows about the FHA Streamline K loan. How can I go about finding a lender familiar with this type of mortgage?
Paulson to Take Over and Restructure Fannie, Freddie (Update4) (Bloomberg.com)
6 Sep 2008 at 7:40pm
Sept. 6 (Bloomberg) -- Treasury Secretary Henry Paulson will use his authority to rescue Fannie Mae and Freddie Mac , likely placing the beleaguered mortgage-finance companies under government control as early as this weekend.
Former Club Owner Sentenced in Scam (Washington Post)
6 Sep 2008 at 3:13am
The former owner of a group of Washington area nightclubs and restaurants was sentenced yesterday to nearly six years in prison for orchestrating a mortgage fraud scheme that investigators said was one of the largest ever prosecuted in Northern Virginia.
Make sure it's best time to refinance (This Week West Side)
6 Sep 2008 at 2:44am
There are many benefits to refinancing your home, the biggest one being a cut in your monthly payments.
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