In the third quarter 3.96% home loans were 60 days or more past due, according to TransUnion.com.
NEW YORK (CNNMoney.com) — Mortgage loan delinquency rates rose for the seventh quarter in a row to hit 3.96%, according to a report out on Monday. That’s a 12% increase from the second quarter’s 3.53% average.
The survey, released by [...]
And while it’s easier to ignore advice when the markets are moving in your favour, wise borrowers will make the most of the current opportunity to boost their wealth.
Here’s how to do that, for people with different types of mortgages:
* A floating mortgage: When your lender reduces your payments, stick to your old payment level. [...]
Vicksburg and Warren County’s shares from a statewide fire insurance rebate program grew in 2008 as local and statewide funds reached new highs.
Funds from the State Fire Rebate Insurance Program totaled $14.7 million this year, up from $13.5 million last year.
“That’s more than what we’ve ever collected in the program,” said Joe Ammerman of the [...]
District of Columbia Insurance Commissioner Thomas E. Hampton of is warning residents wanting to cash in on the Presidential Inauguration festivities by renting their homes, that they may not have full insurance coverage.
Advertisement
“DISB is contacting major insurance companies that underwrite homeowners’ insurance to determine how they will adjudicate any claims emerging from rentals during the [...]
North Carolina homeowners insurers are seeking an average 19.5 percent statewide rate hike which, if approved, would be the first rate hike since 2006.
Advertisement
The proposal, being finalized this week by the North Carolina Rate Bureau for submission to the state insurance department next week, includes rate increases of 32 percent to 70 percent for residents [...]
Another week, another proposal to shore up plummeting US home values. This time, the US Treasury Department is considering a plan to dramatically push down mortgage rates, which it hopes will stimulate demand for new homes.
But the still embryonic plan is focused on the most creditworthy home buyers and offers little direct assistance to people [...]
Reducing mortgage rates to a historically low 4.5% may entice some homebuyers out of the shadows, but it won’t be enough to really spur housing sales, experts said.
Only a week after the Federal Reserve unveiled a $600 billion plan to reduce mortgage rates, the Treasury Department is considering adding to the effort to lower rates [...]
Mortgage rates moderated in the latest week, perhaps providing some relief to the growing number of people in the market for mortgages.
Interest rates for 30-year fixed-rate mortgages averaged 5.53% in the week ended Dec. 4, down markedly from 5.97% in the previous week, according to a survey Freddie Mac (FRE). Rates are [...]
The 30-year fixed-rate mortgage averaged 5.53% for the week ending Dec. 3, down from 5.97% last week and 5.96% a year ago, according to Freddie Mac’s weekly survey. The rate hasn’t been lower since Jan. 24, when it averaged 5.48%.
The 15-year fixed-rate mortgage averaged 5.33% this week, down from last week’s 5.74% average and 5.65% [...]
NEW YORK (CNNMoney.com) — Mortgage rates fell this week, reaching levels not seen since January, as the government steps up its efforts to aid the ailing housing market.
Government sponsored mortgage lender Freddie Mac said Thursday that fixed rates on 30-year mortgages averaged 5.53% for the week ending Dec. 3. That’s down from 5.97% last [...]