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Just $120 a month goes a long way to pay down mortgage (The Star-Ledger)

Q: I am told by my mortgage holder that by paying $120 a month more, I will achieve the same principal and interest payments as though I were paying my mortgage every two weeks. I have a $251,182.30 outstanding on…

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Just $120 a month goes a long way to pay down mortgage (The Star-Ledger)

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Government Tweaks Mortgage-Change Efforts (Builder Magazine)

Oct. 1–As unemployment and falling prices continue to boost the number of mortgage delinquencies nationwide, the U.S. Departments of Treasury and Housing and Urban Development are fine-tuning the government’s efforts to keep people in their homes.

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Government Tweaks Mortgage-Change Efforts (Builder Magazine)

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Leaving Affordable Mortgage May Become Winning Gambit (Update1) (Bloomberg)

Oct. 1 (Bloomberg) — Scott Conroy pays the mortgage every month on his one-bedroom condominium in San Diego, even though it’s worth 33 percent less than what he owes and it may take more than a decade to break even.

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Leaving Affordable Mortgage May Become Winning Gambit (Update1) (Bloomberg)

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Mortgage Rates Fall, Some At New Lows; 30-Year Fixed At 4.94% (Nasdaq)

Mortgage rates fell this week, with the average rate on 30-year fixed-rate mortgages falling below 5% to a four-month low, according to Freddie Mac’s (FRE) weekly survey of mortgage rates.

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Mortgage Rates Fall, Some At New Lows; 30-Year Fixed At 4.94% (Nasdaq)

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30-year mortgage rates near record low (UPI)

WASHINGTON, Oct. 1 (UPI) — Interest rates for 30-year, fixed-rate U.S.

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30-year mortgage rates near record low (UPI)

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Freddie Mac: 30-year Mortgage Falls Below 5% (Fox News)

Freddie Mac: 30-year Mortgage Falls Below 5%

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Freddie Mac: 30-year Mortgage Falls Below 5% (Fox News)

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Walking Away From Affordable Mortgage May Become Winning Gambit (Bloomberg)

Oct. 1 (Bloomberg) — Scott Conroy pays the mortgage every month on his one-bedroom condominium in San Diego, even though it’s worth 33 percent less than what he owes and it may take more than a decade to break even.

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Walking Away From Affordable Mortgage May Become Winning Gambit (Bloomberg)

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Carmel man gets prison for mortgage fraud (The Indianapolis Star)

A federal judge has sentenced a Carmel man to 30 months in prison for his role in a massive $20 million mortgage fraud scheme involving duplexes on Indianapolis’ Eastside.

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Carmel man gets prison for mortgage fraud (The Indianapolis Star)

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S.Korea mortgage loans decline slightly in Sept (Reuters via Yahoo! Singapore News)

SEOUL, Oct 1 (Reuters) - Mortgage loans by banks and non-bank financial companies in South Korea fell slightly during the first 19 business days of September, data from a financial regulator showed on Thursday.

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S.Korea mortgage loans decline slightly in Sept (Reuters via Yahoo! Singapore News)