Mortgage rates drop after fed program

Mortgage rates drop after fed program
New York — Rates on fixed mortgages dropped to their lowest levels in decades last week after the Federal Reserve unveiled a massive bond-buying program to help spur economic growth.
Read more on Detroit News

Mortgage Delinquencies Drop, as Foreclosures Jump

Mortgage Delinquencies Drop, as Foreclosures Jump
The number of seriously delinquent mortgages fell in the second quarter for the first time in more than a year, reflecting a surge in foreclosures and loan modifications.
Read more on Wall Street Journal Blogs

Sarkozy to Drop Mortgage-Interest Tax Deductions, Push Zero-Interest Loans

Sarkozy to Drop Mortgage-Interest Tax Deductions, Push Zero-Interest Loans
French President Nicolas Sarkozy said he’ll move to repeal the tax deductibility of mortgage- interest payments he introduced in 2007 and replace it with more zero-rate loans for buyers to promote home ownership.
Read more on Bloomberg

Mortgage loan defaults drop to lowest level in 3 years

Mortgage loan defaults drop to lowest level in 3 years
Mortgage loan defaults in California have plunged to their lowest level in three years as lenders try to work to keep troubled borrowers in their homes, a research firm said Wednesday.
Read more on Daily Breeze

Mortgage rates drop to another low: 4.58 percent

Mortgage rates drop to another low: 4.58 percent
WASHINGTON — Mortgage rates have sunk to the lowest level in more than five decades, but
Read more on Reno Gazette-Journal

Mortgage Rates Drop – Mortgage Minute – 5/22/2010

Current mortgage rates drop again. 30 year fixed mortgage rates below 5-percent due to EU uncertainty and Greek crisis. Mortgage interest rates at temporary low. Amoritization schedule and mortgage calculator at www.SanDiegosFinestRealEstate.com

Mortgage rates continue to drop, but so do home sales

Mortgage rates continue to drop, but so do home sales
With the final expiration of the governments massive housing tax credit subsidy, home purchase activity has been trending down precipitously despite falling interest rates.
Read more on The Christian Science Monitor

Mortgage rates drop amidst European economy issues

Mortgage rates drop amidst European economy issues
CLEVELAND — Mortgage rates across Northeast Ohio could drop to a half-century low as the economy continues to adjust to problems with the economy in both the United States and now Europe as well.
Read more on WKYC Cleveland

Mortgage rates drop to lowest level this year

Mortgage rates drop to lowest level this year
WASHINGTON — Mortgage rates fell this week to the lowest level of the year, as rates fell on U.S. government…
Read more on Deseret News

Most banks drop fixed mortgage interest rates

Most banks drop fixed mortgage interest rates
Most banks have dropped their fixed mortgage rates a little over the past week
Read more on TVNZ

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