Mortgage proposal ‘manifestly unthought out’
A proposed State-backed mortgage solution that would see county councils pay a portion of a borrower’s repayments directly to the lender has been described as “manifestly unthought out”.
More homebuyers apply for mortgage applications
Loan applications to purchase a home rose for the third straight week, but lower interest rates were not enough to spur mortgage refinances.
Mortgage applications point to more homebuyers
Loan applications to purchase a home rose for the third straight week, but lower interest rates were not enough to spur mortgage refinances.
Fitch to Rate WFCG Commercial Mortgage Trust 2015-BXRP; Presale Issued
Fitch Ratings has issued a presale report on WFCG Commercial Mortgage Trust series 2015-BXRP
Hunt Mortgage Group Refinances a Multifamily Property Located in Fremont, California
Hunt Mortgage Group, a commercial real estate lender, announced today that it has provided a $17 million Fannie Mae loan facility to refinance a multifamily property located in Fremont, California.
Mortgage Market Easing For Buyers This Spring
Interest rates are hovering around historic lows, but are there enough homes to buy?
Fitch Releases Report on Nationstar Mortgage LLC
Fitch Ratings has published a report on Nationstar Mortgage LLC. The report is available at 'www.fitchratings.com'.
Do you need to get a mortgage preapproval?
Buyers often are eager to start looking at homes and tend to leave what they view as the boring, bureaucratic part of the homebuying process for last, says Michael Highfield, associate professor of finance and head of Mississippi State University's Department of Finance and Economics. “But in this competitive market, any serious buyer should pursue a preapproval from a lender in advance to …
The Mortgage Interest Deduction in 6 Charts
The Mortgage Interest Deduction in 6 Charts
Average rate on 30-year mortgage barely moves
WASHINGTON (AP) — Average long-term U.S. mortgage rates barely moved last week, remaining close to historically low levels as the spring home-buying season gets underway.