Finance
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November Job Loss Drives Down Bond Yields, Fixed Mortgage Rates
Dec 11, 2008Long-term mortgage rates continued to decline for the week ending Dec. 11, bringing the 30-year fixed rate mortgage (FRM) average down to 5.47 percent with an average 0.7 point — the lowest level in more than four years — according to the weekly mortgage market survey released Thursday by Freddie Mac [stock FRE][/stock]. The average has not been lower since the week of March 25, 2004, when it stood at 5.4 percent. The average this time last year was 6.11 percent.
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Distressed Mortgage Acquisition Specialist Gets Strategic Investment
Dec 11, 2008 -
GMAC, ResCap Running Out of Time
Dec 11, 2008 -
GSEs Look to Follow FHA’s Lead on Streamlined Refis
Dec 11, 2008 -
Feds Outline Plan to Help Credit Unions
Dec 10, 2008 -
Ginnie Mae Issuance Surpasses GSEs, Again
Dec 10, 2008 -
Dallas-based Special Servicer Wingspan Gets Private Equity Investment
Dec 10, 2008 -
Forecast: More Than 8 Million Foreclosures By 2012
Dec 10, 2008 -
Firm Wades Back into Distressed RMBS; Is Timing Right?
Dec 09, 2008 -
Partnership Aims to Make Foreclosure Shopping a Breeze for Investors
Dec 09, 2008 -
Servicers Can Modify Current Loans, Fannie Mae Says
Dec 08, 2008 -
New Jersey Governor Calls for Sweeping Foreclosure Moratorium
Dec 08, 2008
