Finance and Economy Archive


Mortgage Rates Rebound to Three-Week High

Thursday, January 22nd, 2009
RISMEDIA, January 23, 2009-Mortgage rates increased after falling in each of the previous three weeks. According to Bankrate.com's weekly national survey, the average 30-year fixed mortgage rate is now 5.59% with an average of 0.3 discount and origination points. ...
more


Mortgage Job Losses Ease

Wednesday, January 21st, 2009
RISMEDIA, January 22, 2009-Mortgage-related layoffs have eased and may be near a bottom, according to employment data tracked by http://www.mortgagedaily.com/. Quarterly job cuts were down by nearly 25 percent, and annual migration out of real estate finance dropped by more than half. ...
more


Mortgage Rates Shift Up Slightly Last Week, but Remain Below 5.00%

Wednesday, January 21st, 2009
RISMEDIA, January 22, 2009-The weekly average rate borrowers were quoted on Zillow for thirty-year mortgages rose slightly last week to 4.96 percent, up from 4.92 percent the week prior, according to the Zillow Mortgage Rate Monitor, compiled by leading real estate Web site Zillow.com(R). Meanwhile, rates for 15-year fixed mortgages ...
more


Obama Adviser Sees Stimulus Effects Next Month

Monday, January 19th, 2009
By Andrea Coombes ...
more


Do Your Homework before Refinancing Mortgage, Experts Say

Monday, January 19th, 2009
By Alison Knezevich ...
more


Chase Extends Modification Efforts to Include the $1.1 Trillion of Investor-owned Mortgages It Services

Monday, January 19th, 2009
RISMEDIA, January 20, 2009-Chase announced that it has extended its mortgage modification efforts to the investor-owned loans that it services-about $1.1 trillion of loans-significantly expanding the reach and effectiveness of its previously announced mortgage modification efforts. This effort includes investor-owned mortgages held in securitizations. ...
more


Democrats Unveil Stimulus Plan Totaling Over $825 Billion

Sunday, January 18th, 2009
By Kevin G. Hall and David Lightman ...
more


Low Rates Likely to Stay Awhile, But Cash-outs Refis Elusive

Thursday, January 15th, 2009
By Alan J. Heavens ...
more


Mortgage Rates Tie a Record Low

Thursday, January 15th, 2009
Mortgage Rates Tie a Record Low ...
more


Foreclosure Activity Increases 81% in 2008

Thursday, January 15th, 2009
RISMEDIA, January 15, 2009-RealtyTrac®, a leading online marketplace for foreclosure properties, today released its 2008 U.S. Foreclosure Market ReportTM, which shows a total of 3,157,806 foreclosure filings - default notices, auction sale notices and bank repossessions - were reported on 2,330,483 U.S. properties during the year, an 81% increase in ...
more


© RISMedia 2009. All Rights Reserved