Bouncing off record lows, the average interest paid on home loans edged higher this week although fixed rates are still well under 5% for those who have escaped the recession with solid credit and can muster 20% down. Freddie Mac, the government …
GMAC Financial Services will close its mortgage processing center in West Hartford , laying off 84 employees at the end of March 2010. GMAC Mortgage is a part of Detroit-headquartered GMAC Financial Services, which employs 135 in Connecticut …
Zillow: Pa. mortgage rates continue decline Colorado mortgage rates edge up; applications slip Colorado mortgage rates drop to 4.65%; new home starts down Denver among top U.S. cities for 2009 home-value gain Zillow: Tampa homebuyer discounts nearly …
In an effort to save homeownership during a time of crisis for many mortgage holders, Operation HOPE continues to focus and provide assistance to those on the brink of foreclosure. Through the Mortgage HOPE Crisis Hotline (MHCH …
The volume of applications for U.S. mortgages rose 8.5 percent in a week on a seasonally adjusted basis, an industry group said Wednesday. Both the Market Composite Index and the Refinancing Index increased in the week ending Dec. 4, the Mortgage …
WASHINGTON — Only about 10,000 homeowners received permanent loan modifications this fall under the Obama administration’s mortgage relief plan, harsh proof of the continuing woes for the government’s effort to stem the foreclosure crisis, a …
The poor results from the mortgage industry drew sharp criticism from House Financial Services Committee members Tuesday. Since the program was launched in March, lenders have made loan modification offers to just 680,000 borrowers, far short of the …
PROPERTY: MORTGAGE INTEREST tax relief has been extended for borrowers who bought their homes at the peak of the property market, while the moratorium on legal proceedings against borrowers in arrears could be extended to 12 months, Minister for …
… Wednesday showed only about 10,000 homeowners received permanent loan modifications this fall under the Obama administration’s mortgage relief plan, more evidence of serious failings in the government’s effort. Elizabeth Warren, chair of a …
Boston area home values increased $23.3 billion this year, compared to a $53.4 billion loss last year, making the gain the largest nationwide. According to online mortgage tracker Zillow, homes in Providence, R.I., ranked second on the list, with a …
