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News about Mortgages:
IRS Agents Make Nice During Downturn - NewsMax.comWASHINGTON -- As the nation sinks deeper into recession, the IRS is offering to waive late penalties, negotiate new payment plans and postpone asset seizures for delinquent taxpayers who are financially strapped, but make a good-faith effort to ...
As loan rates fall, homeowners consider refinancing - Record SearchlightThe economic turmoil of 2008 has left few bright spots, but here's one: Mortgage rates have plummeted. Rates on 30-year, fixed loans are hovering around 5 percent - the lowest level since Freddie Mac began tracking rates in 1971. Some economists ...
The upside of the bad housing market - Walletpop.comWith all the talk about how bad the housing market is -- and how the federal government has a sacred responsibility to help prop it up -- it's nice to hear the occasional story about how good can come of it. CNNMoney has put together a gallery of ...
Low rates get loans moving again - Long Island Business NewsThe storm clouds that have hovered over the mortgage industry for almost two years are starting to roll away, now that interest rates are at 30-year lows. Local mortgage brokers, bankers and lenders saw a surge in applications in December for both ...
Got a high credit card rate? Take control and break even! - Dallas Morning NewsScott Burns was a Dallas Morning News columnist for 21 years. Today he is a syndicated columnist and a principal of Plano-based investment firm AssetBuilder Inc. E-mail questions to scott@ scottburns.com. I just received my new credit card statement ...
Taking advantage or seizing an opportunity? - Anderson Independent-MailDear Dave: Do you see an ethical dilemma involved in buying things like repossessed cars, houses that have been through foreclosure, or even pawn shop items? While these kinds of purchases can be smart and thrifty, I worry sometimes that I’m taking ...
A Lovely Mixed Bag Of A Mailbox... - Football365.comGreat to hear Peter Hill-Wood's comments even if it is only a negotiating stance. Truth of the matter is that any big institution that gets their sums wrong is history. Arsenal's stadium was built with finance from the mad decade but has to ...
Not Everyone Can Bank On Low Mortgage Rates - WBZ-TVRates have been wildly volatile over the last few weeks, and mortgage experts expect they will continue to drop, and stay low in the coming months. Amy Tierce, the President of Fairway New England Mortgage, says one person could qualify for a 4.25 ...
Low mortgage rates don’t entice buyers - Fort Worth Business PressAs mortgage rates continue to flirt with 30-year lows, local lenders say they’re seeing a definite uptick in refinancing inquiries, but the historic low rates have done little to convince on-the-fence home buyers to re-enter the market. In the last ...
You read them here first: Words to eject after ’09 - Tacoma News TribuneAt the end of the day, it’s always fun to say buh-bye to words, phrases and emoticons – like the smiley face : ) – that marked the defining moments we barely survived while just beginning to turn our lives around. That’s why, aside from the ...
Today's Mortgage Terms starting with N
Notice of Default: A step in the foreclosure process in which the lender formally informs the court that the borrower is in late in payments.
Non-Assumption Clause: A provision in a mortgage contract preventing the assumption of the mortgage by another borrower without the lenders permission.
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