Mortgages Archives

NEW YORK (MainStreet) – If you’re a homeowner, the White House wants to chop $3,000 off your monthly mortgage payments – even if you’re current on them. Read more»
NEW YORK (MainStreet) – Forbearance doesn’t have to be a dirty word for the unemployed homeowner. In fact, it may be a lifesaver, and Freddie Mac is out to prove why. Read more»
NEW YORK (MainStreet) -- Freddie Mac (Stock Quote: FRE) is out with some predictions for 2012. Front and center is the sentiment from the mortgage giant that mortgage rates will remain low in 2012. Read more»
NEW YORK (MainStreet) -- Making extra mortgage payments is a strategy that thrills some homeowners and leaves others cold. Unfortunately, that means most people choose a side and stick with it, while the best approach is to switch back and forth as conditions change. Read more»
NEW YORK (MainStreet) -- The minute a homeowner starts thinking about downsizing, the questions rush in. Among the most important: Just how far down should you go? From four bedrooms to one – or maybe from four to two, allowing an extra room for guests? Read more»
NEW YORK (MainStreet) -- Bit by bit, the U.S. housing market is showing signs of vitality – although there’s really no way of saying if that vitality is of the sustainable variety.For now, though, the news is getting incrementally better. Read more»
NEW YORK (MainStreet) -- With the eurozone debt crisis brewing, the Federal Reserve and five global central banks have rolled out a new program designed to make it easier for major European banks to access cash if they need it. Read more»
NEW YORK (BankingMyWay) — For the past year or so, the five-year adjustable-rate mortgage has been an appealing alternative to the standard 30-year fixed-rate loan. Now there’s another good option on the mortgage market: the seven-year ARM. Read more»
NEW YORK (MainStreet) -- A new study on the number of past-due mortgages shows there are more than 6 million mortgages going unpaid in the U.S. right now. That's the bad news. Read more»
NEW YORK (BankingMyWay) — Negative equity – the accounting term used to describe homes that are underwater on their mortgages – remains a burr under the saddle of the country's ailing housin Read more»
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