Tag Archives: Borrowers

President Obama Proposes Mortgage Refinances for ‘Responsible Borrowers’

Article source: http://www.cnbc.com/id/46125347?__source=RSS*blog*&par=RSS

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Plunging Mortgage Rates Won’t Juice Housing

Page 1 of 3 | Next PageShow Entire Article The one positive in all the uncertainty surrounding the nation’s debt was a plunge in Treasury yields, which in turn sent mortgage rates to record lows. The 30 year fixed hit … Continue reading

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Falling Home Equity Spurs Fear of Strategic Default

Page 1 of 2 | Next PageShow Entire Article Yesterday a lot of folks, including myself, were slightly incensed at the announcement by mortgage insurer PMI that it is launching a pilot program offering cash bonuses to borrowers who stay … Continue reading

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Refinancing Drop an Ill Wind for Housing Recovery

Page 1 of 2 | Next PageShow Entire Article Does anyone remember when the rate on the 30-year fixed mortgage was up around 8 percent? I do. Perhaps that’s why it continues to stun me that a tiny shift in … Continue reading

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Government Mortgage Bailout Numbers Still Weak

Page 1 of 3 | Next PageShow Entire Article The US Treasury just released its latest “scorecard” on the state of the government’s housing bailout. The numbers are still weak, compared to the overall picture. In May, 32,398 borrowers got … Continue reading

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