Apply Online Today!

Zip Code:
Loan Purpose:



Mortgage News for Saturday - February 28, 2004

More Mortgage News
• Mortgage Endowment red letters criticised
• Tax reduction strategies before April 15th
• MORTGAGE GIANT FREDDIE GAVE NEW CEO $8.8M INCENTIVE
• General News: Average tax refunds higher over last year
• Adjustable-rate mortgages a gamble at today's low rate
• Reasons remain to refinance mortgage
• Mortgage round-trip: Timing a home sale, home purchase
• Resources for first-time home purchasers
• Sheriff holds back on foreclosure sale of houses
• First-time homebuyers should be careful
• Mortgage lender Abbey shares drop
• Housing development slightly drops in Evanston
• Philadelphia sheriff temporarily halts foreclosure sales
• Insuring That Older Home May Require More Time, Work and Money
• INTERNATIONAL: Mortgage loans target Mexicans
• Increase home insurance as house value climbs
• No deposit needed for a $150,000 mortgage loan
• Listing service posts drop in house sales
• Mortgage giant Freddie Mac Paid Ex-CEO $19.4 Million
• Amstar Financial Services Announces Stoppage of Mortgage Lending Operations
• Mortgage loans pick up again in January rise
• Residential Mortgages: Home to roost
• Court maintains award to victims of property flipping
• Mortgage Giant Freddie Mac lures Syron
Mortgage News
Sheriff holds back on foreclosure sale of houses - 2004-02-28
For 25 years, Jacqueline Foxworth had steadfastly made her mortgage payments on her Ogontz Avenue house. In 1996, she assumed a high-interest home-equity loan for home repairs. When times got tough, she fell behind.

Now she's got a month to try to figure out how to keep her house from being sold at a sheriff's sale.
Read the full story at Philadelphia Inquirer
 
First-time homebuyers should be careful - 2004-02-28
House price increases are pushing first-time buyers out of the market, but anyone lucky enough to get on to the first step of the housing ladder should carefully consider the affordability of their repayments.

First-time buyers accounted for a quarter of all mortgage loans last month according to the Council of Mortgage Lenders (CML). This is down from nearly half in 2001.
Read the full story at Electronic Telegraph
 






down payment
types of mortgages
closing costs
finding lenders
the do's and don'ts of mortgages
mortgage glossary



 
Copyright © 1999-2003. Mortgages Magazine Inc., LLC All Rights Reserved.
DISCLAIMER