Mortgages Archives

Mortgage finance company Freddie Mac says it is asking the government for $13.8 billion in aid after posting a $25.3 billion loss in the third quarter.By ALAN ZIBEL WASHINGTON (AP) -- Freddie Mac is asking for an initial injection of $13.8 billion in government aid after posting a massive quarterly loss. Read more»
Don't Get Zidetracked by Zillow
By: manybanking.com Staff
Zillow's information comes from public records that may not be accurate and comps may not be right for your house. By John Morell Admit it, you've Zillowed your house. And if you haven't, odds are a friend or relative has but you don't know about it. Read more»
Home Sales Jump in San Francisco Bay Area
By: manybanking.com Staff
As prices fall, more houses are selling in Northern California. Contra Costa and Napa are seeing the fastest growth in sales volume.By DQNews. Read more»
Fed Rate Cut Not Helping Consumers
By: manybanking.com Staff
Mortgage rates are rising and savings rates are falling even after this week's action by the Federal Reserve.Borrowing costs continue to rise for homes, cars and other loans even as interest rates drop for money market, savings and checking accounts. Read more»
Mortgage Rates Rise on Inflation Concerns
By: manybanking.com Staff
Interest Read more»
ARM Rates Continue to Slide
By: manybanking.com Staff
Inflation fears are holding fixed-rate mortgage Read more»
How to Avoid a Mortgage Escrow Nightmare
By: manybanking.com Staff
When you get a mortgage to purchase, build or refinance a home, most lenders prefer to set up an escrow account so they can pay your property taxes and insurance premiums for you.  A monthly payment is added to your mortgage bill and analyzed once a year to cover any increases in taxes or insurance premiums.  Read more»
Mortgage Rates' Rally Feeble, Fleeting
By: manybanking.com Staff
Mortgage rates barely changed this week, after recovering slightly last week from the steepest four-week decline since October 2003. Read more»
Property taxes too high? Find a location that offers your family a better deal. The benefits might be about more than money. When property taxes for my New Jersey home surpassed my mortgage payment, I knew I'd need more than a bullhorn to let legislators know how I really felt. I sent an even louder message to the Statehouse in Trenton, where politicians talk incessantly about the property-tax crisis yet make no meaningful reforms. Read more»
Mortgage Rates Near Four-Year Low
By: manybanking.com Staff
Bad economic news coupled with a steep Federal Reserve rate cut sent mortgage rates tumbling for the fourth straight week to an almost four-year low.   Read more»
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