With mortgage rates holding below 5%, there has rarely been a better time to refinance your home. But with a one-two punch of tighter credit and falling prices roiling homeowners, the process has never been more difficult.
Read more »
Fed may still buy Treasurys, just not now
The Federal Reserve is likely to hold off on using one of its last weapons to get credit flowing -- buying back Treasury securities from the open market -- because it has already made progress driving interest rates down in markets that would benefit from such a step, investors and strategists say.
Read more »
Foreclosure mortgage
The Making Home Affordable program by the government is getting underway, And for many it can be a confusing process.
Read more »Ginnie Mae Funds Offer Investors a Safe Harbor
Many investors seeking safe harbor and modest yield are finding both in mutual funds that specialize in buying Ginnie Maes, which are pools of mortgages guaranteed by the Government National Mortgage Association.
Read more »Secondary Markets Won’t Recover Until 2011, Insiders Say
It’s a question that’s on the mind of more than a few mortgage market participants as of late: just when do the secondary mortgage markets get up off the mat? According to a recent survey mortgage market experts, it appears as if market sentiment is projecting an answer that may be longer than most of us might like.
Read more »
Recent comments
47 weeks 2 days ago
48 weeks 2 days ago
1 year 3 weeks ago
1 year 3 weeks ago
1 year 6 weeks ago
1 year 7 weeks ago
1 year 18 weeks ago
1 year 18 weeks ago
1 year 19 weeks ago
1 year 22 weeks ago