Any mortgage rates forecast must take into account the fall-out from the sub-prime crisis – now poorly named, because the rot has spread from the high-risk sub-prime sector to even the prime mortgages underwritten By Freddie Mac and Fannie Mae.There are several ways in which the sub-prime crisis affects mortgage rates forecasts.1. Each Mortgage Rates [...]
Posts Tagged ‘Mortgage Interest Rates’
Mortgage Rates Forecast
Posted by admin on March 12th, 2010
Posted in Article 
Tags: Big Trouble, Credit Squeeze, Debts, Fannie Mae, Financial Institutions, Freddie Mac, House Prices, Interest Rate Predictions, Lenders, Loan Mortgages, Losses, Mortgage Interest Rates, Mortgage Lending, Mortgage Rates, Prime Mortgages, Residential Real Estate, Several Ways, Sub Prime Crisis, Upward Pressure, Willingness 
No Comments »Home Equity Loan Advice: Why Home Equity Rates Are Higher Than 1st Mortgage Interest Rates
Posted by admin on February 27th, 2010
Mortgage refinancing can make good sense if you want to make improvements on the house, pay those college fees, or pay-down higher-interest loans. As property prices have gone up and up, homeowners often find they have more equity than they ever dreamed of when they first bought. Richard Syron, CEO and Chairman of the Federal [...]
Posted in Article Tags: Apples And Oranges, Chief Economist, Countless Children, Equity Accounts, Federal Home Loan, Federal Home Loan Mortgage, Federal Home Loan Mortgage Corporation, First Mortgage, Freddie Mac, Home Equity Loan, Home Equity Loans, Home Equity Rates, Home Loan Mortgage, Home Loan Mortgage Corporation, Interest Loans, Loan Advice, Mortgage Interest Rates, Mortgage Packages, Mortgage Refinancing, Richard Syron No Comments »State Fee Limits for Second Mortgages in California
Posted by admin on January 14th, 2010
Everywhere you go, advocacy groups are urging stricter laws on non-conforming 2nd mortgages and home equity loans. Sub-prime mortgages are likely to be more costly than “A -paper” loans, but they are intended for borrowers who pose a greater risk to lenders. In most cases they are considered non-conforming because of the lack of credit [...]
Posted in Article Tags: 2nd Mortgages, Advocacy Groups, Annual Percentage Rate, California Homeowners, Credit Card Debt, Debt Consol, Deed Of Trust, Fico Scores, Financial Decisions, Home Equity Loans, Loan Balance, Mortgage Interest Rates, New Laws, Percentage Points, Predatory Lending Laws, Second Mortgage, Second Mortgages, Sub Prime Loans, Sub Prime Mortgages, Treasury Securities No Comments »