JUPITER MORTGAGE » mortgage rates

US debt still attractive to overseas investors

Tue, 19 Jul 2011 19:03:13 +0000

US debt still attractive to overseas investors
The rest of the world still trusts Uncle Sam to make good on his word.

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S&P warns it may downgrade Fannie, Freddie credit

Mon, 18 Jul 2011 19:06:21 +0000

S&P warns it may downgrade Fannie, Freddie credit
Standard & Poor’s warned mortgage giants Fannie Me and Freddie Mac on Friday that they may lose their top credit ratings if lawmakers don’t raise the U.S. government’s borrowing limit in time to avoid a default.

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Mortgage rates fall to labor pains

Sun, 17 Jul 2011 19:46:04 +0000

Mortgage rates fall to labor pains
Mortgage rates dropped this week amid economic reports that show that the United States still faces a bleeding labor market and a crawling economy. The benchmark 30-year fixed-rate mortgage fell 10 basis points this week, to 4.69 percent, according to the Bankrate.com national survey of large lenders.

Slow Start For State Program That Helps Buyers Purchase Foreclosed Homes

Sat, 16 Jul 2011 19:14:05 +0000

Slow Start For State Program That Helps Buyers Purchase Foreclosed Homes
Get Business Mobile Text Alerts Three years ago, the state legislature created a series of home mortgage programs aimed at the foreclosure crisis.

Bay Area home sales, median price rose from May to June

Fri, 15 Jul 2011 19:04:12 +0000

Bay Area home sales, median price rose from May to June
Nearly 8,000 homes sold in the region’s nine counties last month, up nearly 15 percent from around 7,000 in May

Join forces to save money

Thu, 14 Jul 2011 19:07:32 +0000

Join forces to save money
From taking out a mortgage to paying for a trip to the cinema, clubbing together with family or friends can save you money.

Fed sees 5-year exit from US crisis support

Wed, 13 Jul 2011 19:03:50 +0000

Fed sees 5-year exit from US crisis support
The Federal Reserve has set a gradual exit from crisis support of the US economy that could take up to five years, according to the minutes of its last policy meeting released Tuesday.But with the economy …

What Would a U.S. Government Default Feel Like For an Average American

Tue, 12 Jul 2011 19:24:39 +0000

What Would a U.S. Government Default Feel Like For an Average American
A compromise between the budget proposals being batted around by President Obama and House Speaker John Boehner will, hopefully, be reached before the federal government defaults on any debt. But what if the August 2 deadline to raise the debt ceiling comes and goes without a compromise? The effects of a government default are usually described in [...]

Apartments, rentals heat up; housing sales decline

Mon, 11 Jul 2011 19:04:15 +0000

Apartments, rentals heat up; housing sales decline
Home sales in the Columbus metropolitan statistical area fell nearly 7 percent through the first six months of this year, according to Multiple Listing Service data.

Spanish mortgage defaulters face debt nightmare

Sun, 10 Jul 2011 19:06:43 +0000

Spanish mortgage defaulters face debt nightmare
Inma Rodriguez lost her job, and now that she’s defaulted on her mortgage, she’s about to lose her home. But the nightmare doesn’t end there: Once creditors kick her out, she’ll still need to pay back the money she borrowed to buy her house.

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