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James Kimmons

Mortgage News 1/30/2013

By January 30, 2013

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Check these posts: Break the Megabanks' Stranglehold on Mortgage Servicing - American Banker on Jan 30, 2013 at Mortgage News:

Break the Megabanks' Stranglehold on Mortgage Servicing
American Banker
In addition, the servicer's compensation, an interest-only strip off the mortgage interest payments from the borrower, poses significant risks. These assets, referred to as mortgage servicing rights, are created from cash flows associated with the ...

Quicken Loans Refinance and Mortgage Interest Rates Today - Eagle's Rant on Jan 30, 2013 at Mortgage News:


Eagle's Rant
Quicken Loans Refinance and Mortgage Interest Rates Today
Eagle's Rant
Standard 30 year refinance fixed rate mortgages at Quicken Loans are listed at 3.625% and an APR of 3.818%. Shorter term 15 year refi loan interest rates are on the books at 2.875% today yielding an APR of 3.271%. The 7/1 Adjustable Rate Mortgage ...
FHFA Reports Average Interest Rate Continues Southward SlideNational Mortgage Professional Magazine
GMAC Mortgage Mortgage Interest RatesPress Blue
Mortgage Rates Up Everywhere: Wells Fargo, BoA, Chase, PHH, Citi, PNCTell Me News
FreeRateUpdate.com -World News Resource
all 133 news articles »

US Mortgage Applications Down 2.4% - Fox Business on Jan 30, 2013 at Mortgage News:


CNBC.com
US Mortgage Applications Down 2.4%
Fox Business
The total number of mortgage applications filed in the U.S. last week slipped 2.4% as interest rates generally crept higher, the Mortgage Bankers Association said Wednesday. The refinance index declined 3.4% for the week ended Jan. 25 from the previous ...
US Mortgage Applications Fall as Refi Demand DropsCNBC.com
House price affordability slumps to three-year low; or does it?Telegraph.co.uk (blog)

all 6 news articles »

Mortgage lending increase by Principality Building Society - BBC News on Jan 30, 2013 at Mortgage News:


BBC News
Mortgage lending increase by Principality Building Society
BBC News
Mr Yorston said: "People are beginning to believe that affordability, with interest rates having dropped significantly for mortgages, gives them the opportunity to re-enter the housing market, whereas before they were holding off on that decision ...

and more »

First Person: I'm Ready for Interest Rates to Rise - Yahoo! Finance on Jan 29, 2013 at Mortgage News:

First Person: I'm Ready for Interest Rates to Rise
Yahoo! Finance
Now that I've locked into a low mortgage rate of 2.75 percent, I'm ready for interest rates to rise. I am ready to start getting a better return on my money. At the same time, I am concerned about my children's future since they may have to deal with ...

and more »

US Bankcorp Mortgage Interest Rates Worsen - Eagle's Rant on Jan 29, 2013 at Mortgage News:

US Bankcorp Mortgage Interest Rates Worsen
Eagle's Rant
US Bankcorp Mortgage Interest Rates Worsen The benchmark 30 year fixed rate loans are coming out at 3.625% at US Bankcorp (NYSE:USB) yielding an APR of 3.820% today. The best 30 year FHA loan interest rates are coming out at 3.750% at the bank ...

Suntrust Mortgage Interest Rates Edge Up - Eagle's Rant on Jan 29, 2013 at Mortgage News:


Eagle's Rant
Suntrust Mortgage Interest Rates Edge Up
Eagle's Rant
Suntrust Mortgage Interest Rates Edge Up The best 30 year fixed rate loan interest rates at Suntrust Banks (NYSE:STI) are coming out at 3.600% today and an APR of 3.712%. The best 30 year FHA fixed rate mortgages stand at 3.600% at the bank with a bit ...

and more »

Wells Fargo Mortgage Rate Deals Today - Press Blue on Jan 29, 2013 at Mortgage News:


Press Blue
Wells Fargo Mortgage Rate Deals Today
Press Blue
Standard 30 year FRMs have been offered at 3.625% at Wells Fargo (NYSE:WFC) and an APR of 3.963% today. 30 year FHA fixed rate mortgage interest rates have been offered at 3.250% yielding an APR of 3.930%. 15 year fixed rate mortgage interest rates ...
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