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James Kimmons

Mortgage News 1/21/2013

By January 21, 2013

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Check these posts: New Mortgage Rules Make Documentation Biggest Challenge - Credit Union Times on Jan 21, 2013 at Mortgage News:
New Mortgage Rules Make Documentation Biggest Challenge Credit Union Times Qualified mortgages, which are provided a legal safe harbor, require both product and underwriting standards that mandate upfront points or fees be less than 3% of the total loan amount, and prohibit interest-only payments, negative amortizations and ... and more »
Mortgage Interest Rates at Suntrust and GMAC Mortgage Today - Press Blue on Jan 21, 2013 at Mortgage News:
Press Blue Mortgage Interest Rates at Suntrust and GMAC Mortgage Today Press Blue The benchmark 30 year fixed rate loans are published at 3.400% at Suntrust Banks (NYSE:STI) yielding an APR of 3.530%. The best 30 year FHA FRM interest rates at the bank have been quoted at 3.300% and an APR of 4.296%. Popular 15 year fixed rate ... Mortgage Interest Rates at Bank of America TodayEagle's Rant How to Cut Mortgage Payments NowHappyNews.com Obama Second Term To Challenge Big BanksOurBroker.com Go Banking Rates -World News Resource -Mortgage News Daily all 89 news articles »
Several Reasons Why Mortgage REIT Investors Could Benefit From Recent Rule ... - Seeking Alpha on Jan 21, 2013 at Mortgage News:
Several Reasons Why Mortgage REIT Investors Could Benefit From Recent Rule ... Seeking Alpha Interest-only loans, also known as straight notes, generally contain a balloon payment provision". The good news for agency Mortgage REITs such as Annaly, American Capital and MFA is the idea that they'll benefit from the fact that each individual ... and more »
Weekend Mortgage Rates at Wells Fargo - Press Blue on Jan 20, 2013 at Mortgage News:
Press Blue Weekend Mortgage Rates at Wells Fargo Press Blue Current Mortgage Rates at Wells Fargo The benchmark 30 year loan interest rates can be had for 3.500% at Wells Fargo (NYSE:WFC) today and an APR of 3.834%. The best 30 year FHA fixed rate mortgages are on the books at 3.250% with a bit higher APR ...
Off-set mortgages - an alternative to savings? - The Guardian on Jan 20, 2013 at Mortgage News:
The Guardian Off-set mortgages - an alternative to savings? The Guardian Pitiful interest rates on savings accounts are encouraging homebuyers to take out offset mortgages that allow those with sizeable pots of cash to cut the cost of their borrowing while keeping a nest egg for the future. Savings rates have been hammered ...
 
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