Tag Archives: Borrowers

Big Banks Pushed to Outsource Mortgages

In the wake of the financial crisis and still in the midst of the foreclosure mess, the Consumer Financial Protection Bureau announced new rules for mortgage servicers designed to protect borrowers and get them faster, more effective and informative service.  … Continue reading

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Where Are the Move-Up Home Buyers?

Housing has never been more affordable, and yet home ownership is still falling and more Americans are renting. The supply of homes for sale is down 24 percent from a year ago, according to the National Association of Realtors, but … Continue reading

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Is the 30 Year Fixed Headed to 3 Percent?

Mortgage interest rates hit a new record low last week, and they appear to be on the same trajectory this week. The yield on the ten-year Treasury note touched a new low Monday, 1.396 percent, before coming up slightly, and … Continue reading

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Refi Boom Benefits Borrowers and Big Banks

Article source: http://www.cnbc.com/id/47722580?__source=RSS*blog*&par=RSS

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Negative Equity Traps One Third of American Borrowers

Article source: http://www.cnbc.com/id/46593271?__source=RSS*blog*&par=RSS

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