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Raleigh Home Loans

Raleigh Home Loans – today Bank of American announced another settlement with the Justice Department, this time for 16.6 billion. The bank has been accused of misleading the buyers of a mortgage backed securities (bonds) about the performance and quality of the instruments. Mortgage companies in Raleigh used BOA as one of their wholesale lenders […]

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Mortgage lenders Raleigh market update

Mortgage lenders Raleigh – There is no doubt that the world has seen its share of conflicts in 2014. We have seen major conflicts in areas such as Ukraine, Gaza, Iraq, Syria, Libya. With the turmoil the world markets have been pretty solid with our stock market being no exception. By mid-July, the Dow and […]

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Mortgage Raleigh

Mortgage Raleigh and foreclosures. Many markets across the country are seeing fewer foreclosures. That’s because foreclosure inventory has plunged 35 percent nationally from a year ago, but housing experts aren’t ready to say the foreclosure crisis is completely behind the nation quite yet. Completed foreclosures fell 9.9 percent year-over-year, but on a month-to-month basis completed […]

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Raleigh mortgage rates

Raleigh mortgage rates information for this week. This week we have had a week to consider the barrage of data released during the last week of the month and the first days of August. The markets were volatile during this period with the Dow moving from record territory by mid-July to a 2.5% loss in […]

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Raleigh Mortgage Rates Update

The Raleigh Mortgage Rates Markets •Raleigh mortgage Rates were stable at recent lows in the past week. •Freddie Mac announced that for the week ending July 24, 30-year fixed rates were unchanged at 4.13%. •The average for 15-year loans ticked up to 3.26%. •Adjustable rates were also stable in the past week with the average […]

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Raleigh Mortgage Rates Update

Why Are Rates Not Going Up? Mortgage Company Raleigh NC. After a good hike in long-term rates during the second half of 2013, just about every analyst in the country seemed to be sure that this was just the first phase of rate increases to come. After all, rates were the lowest in a generation […]

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Mortgage Raleigh NC Rates Update

Mortgage Raleigh NC- still Work To Be Done As the euphoria wears off in the aftermath of our stellar June employment release, we realize that there is still work to be done in order to fully recover from the financial crisis and deep recession. The recovery has been going on for five long-years, but it […]

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Raleigh Home Loans getting more expensive.

Home Loans in Raleigh are about to get more expensive (FHA that is). If you are thinking about buying a new home under the FA program, you should consider making your move before June 1st 2013. The Federal Housing Administration is making some major changes in their fee structure and they will directly hit your […]

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Mortgage Companies in Raleigh scratch heads over banks lawsuit

Mortgage Companies in Raleigh scratch heads over banks lawsuit. Why now? What has changed between the big bank collapse of 2008 and now? Here is an interesting article from NPR website: In a sweeping move, the government on Friday sued 17 financial firms, including the largest U.S. banks, for selling Fannie Mae and Freddie Mac […]

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Mortgage Rates Raleigh and impact of PMI Group shut down on lending

Mortgage Rates Raleigh and impact of PMI Group shut down on lending is a subject of much discussion among Raleigh mortgage brokers this week. On Saturday it has been announced that one of bigger players in the arena of mortgage insurance has been ordered to shut down two of its main units. Straggling mortgage insurer […]

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Mortgage Rates