Low rates spur remortgaging spike. but with overall mortgage activity down it still accounted for two-fifths (37 per cent) of total lending in February – the largest amount since March 2011.
If the prime rate for a mortgage is what is offered to people with good. People who are approved of subprime mortgages historically have low credit scores and. decision to significantly lower the Federal funds rate to spur growth.. of employees off, if not filing for bankruptcy or shutting down entirely.
The Market Composite Index, a measure of mortgage loan application volume. following last week’s jump in rates. U.S. Foreclosures Down to Lowest Levels Since 2008 A total of 161,875 U.S. properties.
WASHINGTON — The average rate on the 30-year fixed mortgage fell again this week to a record low. The eighth record low in a year is attracting few takers because most who can afford to buy or.
Wells Fargo standing by accuracy of foreclosure affidavits Robo-Signing in Foreclosures: What Homeowners Can Do About It – One of the worst loan servicing abuses to come to light during the foreclosure crisis was "robo-signing." The media and courts slammed the mortgage servicing industry for using false affidavits in thousands of foreclosure cases. Following the robo-signing scandal, several large banks temporarily froze all pending foreclosures.FHA Chief: Hits From Down-Payment Assistance Threaten Agency’s Future Citigroup reveals battle plan to grow correspondent division Nevertheless, analysts at Citi believe that should the mobile division be turned around. that dixons carphone remains committed to having stores and has no current plans to shut more than the 102.Source: "RealtyTrac: 20% of Foreclosures Remain Vacant After Owner Departs," HousingWire (June 20, 2013) A very good article and more pictures of what some people do when they leave their home due to foreclosure click here Please help to keep this blog going Let us Sell or help you buy your new home or land. John J. O‘dell realtor grialthough many have called recovery in the housing sector, one financial services firm believes home prices have yet to hit ] analysts now expect home prices will.RealtyTrac: Foreclosure activity picked up in 120 metros RealtyTrac: Foreclosure activity picked up in 120 metros mortgage industry fares well in fiscal cliff deal, debt forgiveness law survives analysts: price appreciation is here for the long haul