Apply Online Today!

Zip Code:
Loan Purpose:



Mortgage News for Friday - March 12, 2004

More Mortgage News
• Subprime mortgage loans: Some help, all hurt
• Mortgage rates drop
• Q&A: Long-term mortgage review
• Program offers home buyers mortgage help
• Report asks for 'fairer mortgages'
• Record low adjustable-rate mortgages hits 3.41 percent
• Ask the expert: Mortgage lump sums
• New specialist mortgage site launch
• Mortgage holders require cheaper deals
• Wisconsin Mortgage Delinquencies Lower at End of 2003
• Secret second mortgage
• Reverse mortgages gaining in popularity
• End the big mortgage rip-off
• Hawaii lenders offer 5% mortgages
• Housing demand leaves appraisers struggling
• Mortgage Giant Freddie Mac appoints Swell to security sales group
• Mortgage lender First Franklin Financial Corporation expands
• Michigan survey reveals US confidence down
• Housing more expensive than ever
• Mortgage delinquencies drop in Jersey
• Freddie Mac’s chief lobbyist leaving on backdrop of election finance inquiry
• CML welcomes Miles final report
• Americans head back to shopping in February
• Personal finance: Mortgage insurance dump can pay off
Mortgage News
Americans head back to shopping in February - 2004-03-12
America's shoppers displayed more energy in February and energized sales at the nation's retailers by 0.6 percent, a hopeful sign for healthy economic growth in the current quarter.

The 0.6 percent advance in sales for February, which matched economists' expectations, represented the largest increase since November. February's gain was led by a 2.7 percent jump in automobile sales, helped by historically low mortgage rates.
Read the full story at Alameda Times-Star
 
Personal finance: Mortgage insurance dump can pay off - 2004-03-12
Let's see, consume eight glasses of water a day, hold back on carbs, exercise What am I forgetting?

Oh, yeah - get rid of PMI. That resolution can pay off big time, starting right away. And it's easy.

PMI is not a form of bad cholesterol, it's a bad type of mortgage expense - private mortgage insurance.

If you made a down payment of less than 20 percent of your home's price when you got your mortgage, you're probably paying PMI.
Read the full story at Billings Gazette
 






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