Monthly Archives: September 2010
How long will it take the latest 3/4% interest rate cut to affect the mortgage and loan companies rates?
Question by Cobabeology: How long will it take the latest 3/4% interest rate cut to affect the mortgage and loan companies rates? With the Fed’s decision to cut interest rates, I understand that banks will follow suit and lower interest … Continue reading
The 3-minute interview: Richard Weiner
The 3-minute interview: Richard Weiner New lending rules are coming down the pipe for future homeowners applying for an FHA-insured loan. Effective Monday, FHA monthly mortgage insurance premiums (MIPs) will be increasing on new loans while the upfront mortgage insurance … Continue reading
Loan modification victims: Losing cash — and homes
Loan modification victims: Losing cash — and homes Tara Sciartelli says she had been up-to-date on her mortgage payments in January 2009 when she paid a company ,700 to help renegotiate terms with her mortgage companies. The fixed-rate first and … Continue reading