Reading Mortgage Refinance and Information Online from competing Lenders

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News about Mortgages:

Mortgage Applications Surge On Low Rates - All Headline News
Washington, DC (AHN) - Mortgage applications surged for the week ending Nov. 28 as rates for home loans made their biggest weekly drop on record due to the latest government lending and mortgage asset buying programs. The Mortgage Bankers Association ...

Mortgage application, refinance volume surge - WTOP Radio
WASHINGTON (AP) - Mortgage application volume more than doubled during the shortened Thanksgiving week, according to the Mortgage Bankers Association 's weekly application survey. The trade group's application index surged to 857.7 in the week ended ...

Fresh Data Is Sour - Forbes
Fresh economic data offered more doom and gloom Wednesday. The unemployment rate appears set to worsen and business activity in the services sector has contracted to record levels. The Institute for Supply Management's non-manufacturing index reached ...

More Economic Doom And Gloom - Forbes
Unemployment dives and service sector contraction point to further escalation of the current recession . The Institute for Supply Management's non-manufacturing index reached a record low of 37.3 in November, breaking the previous record of 44.4 set ...

Detroit, Congress playing chicken - Atlanta Journal Constitution
The United Auto Workers union has backed off considerably from its arrogant announcement a few weeks ago that it would accept no further concessions in wages and benefits to save the industry. Management of the Big Three is also a lot more humble ...

Mortgage applications surge - Daily Times
NEW YORK: Mortgage applications surged by the largest amount on record last week as a new Federal Reserve program pushed interest rates down to their lowest level in more than 3 years, data from an industry group showed on Wednesday. The Mortgage ...

US Mortgage Applications Surge by Record Amount - CNBC
The Mortgage Bankers Association said its seasonally adjusted index of mortgage applications, which includes both purchase and refinance loans, for the week ended Nov. 28 soared a record 112.1 percent to 857.7, the highest reading since the week ...

Mortgage applications surge by record amount - Reuters
NEW YORK (Reuters) - Mortgage applications surged by the largest amount on record last week as a new Federal Reserve program pushed interest rates down to their lowest level in more than 3 years, data from an industry group showed on Wednesday. The ...

Mortgage applications post largest gain ever - MSN MoneyCentral
NEW YORK (Reuters) - Mortgage applications surged by the largest amount on record last week as a new Federal Reserve program pushed interest rates down to their lowest level in more than 3 years, data from an industry group showed on Wednesday. The U ...

UPDATE 1-US mortgage applications post largest gain ever - FXStreet.com
NEW YORK, Dec 3 (Reuters) - U.S. mortgage applications surged by the largest amount on record last week as a new Federal Reserve program pushed interest rates down to their lowest level in more than 3 years, data from an industry group showed on ...

Today's Mortgage Terms starting with J

Jumbo Loan: A mortgage over the $300,700 limit established by the Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation. A jumbo mortgage tend to carry a higher interest rate than a conventional mortgage.

Junior Mortgage: A mortgage subordinate to the claim of a prior lien or mortgage. In the case of a foreclosure, a senior mortgage or lien will be paid down first.

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