Investors Business Daily interviewed economists to get their view on whether the Fed or Central Bank is likely to hike rates in the short-term. Their analysis says no, and they give some great reasons why.
There's relief for home owners and home buyers looking for a jumbo loans — those loan amounts over the conforming loan limit of $417,000. LA Times reporter Walter Hamilton explains what this means for those in high-value real estate markets.
Many fault the credit crunch in real estate lending for falling home values. Fannie Mae has a different view of the role of tightening credit guidelines has on your home's value. See why foreclosures and inventory have more impact, and how new application rules seek to help the current situation.
FHA loans are helping people keep their homes and buy their own home. The Mortgage Bankers Association shows that mortgage applications are up this week, due mostly to an increase in FHA loan mortgage applications.
Mortgage applications for buying a home dipped 5.4% from last week; refinance mortgage applications dipped 25.7%, says the Mortgage Bankers Association. FHA loans are still a bright light in uncertain times.
While the market is still showing signs of unsteadiness, Quicken Loans Chief Economist Bob Walters finds a silver lining in FHA loans.
Stockhouse reports that the Fed is likely to stop lowering short-term interest rates, even though it lowered economic expectations.
For the week ending May 16, 2008, the Mortgage Bankers Association Weekly Mortgage Applications Survey report showed that overall mortgage application activity fell 7.8 percent.
Adjustable-rate mortgages aren't as scary as you may think. In fact, they're quite stable. Learn how interest rate caps work to protect your monthly mortgage payment. Believe it or not, an adjustable-rate mortgage (ARM) starts with a fixed-rate period.
People use the internet to rule out choices, not make decisions, says the Pew Internet and American Life project in its most recent report, released last week.