Apply Online Today!

Zip Code:
Loan Purpose:



Mortgage News for Tuesday - March 29, 2005

More Mortgage News
• Eron Mortgage president sentenced to 6 years in prison
• Mortgage foreclosures triple over last 5 years
• Mortgage Refinancing: Report highlights dangers of real estate appraisal fraud
• U.S. Dollar scores gain vs yen; euro rises
• Worrying about Real Estate
• Real estate targets golden years
• Say goodbye to record-low interest rates
• UK mortgage lending picking up
• Home Builders See Strong Quarterly Growth Thanks To Attractive Mortgage Rates
• Bounce back fast after bankruptcy, apply for a mortgage loan
Mortgage News
Home Builders See Strong Quarterly Growth Thanks To Attractive Mortgage Rates - 2005-03-29
The nation's home builders are expected to prove naysayers wrong once again and post another round of double-digit percentage increases in earnings and orders when they report first-quarter results.

Attractive mortgage rates and a recovering economy continue to keep buyers in the market, experts said.
The 30-year fixed-rate mortgage averaged 5.75 percent in the first quarter, according to Freddie Mac spokesman Eileen Fitzpatrick.
Read the full story at Builder Online
 
Bounce back fast after bankruptcy, apply for a mortgage loan - 2005-03-29
Anita Burleson has had difficulty getting credit since her bankruptcy two years ago, but she knows that's not true for every filer. The fact that there are repeat bankrupts tells her that.

Interestingly, it can sometimes be easier to obtain a mortgage after a bankruptcy than to get other types of installment loans. You may be able to qualify for a high-rate loan as little as six months after a bankruptcy, but you're probably better off waiting until you can qualify for an FHA loan.
Read the full story at MSN Money
 






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