For the 4th straight week, mortgage rates are on the rise and many Buyers are abandoning the fence to avoid losing out on these historically low rates. According to Freddie Mac, this week the rate on a 30 year fixed loan rose up to 4.61 and 15 year fixed loans have risen to 3.96. Many buyers hav...

12/14/2010

Decrease in Mortgage Delinquincies predicted for 2011

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TransUnion predicts a double digit decrease in mortgage delinquencies in 2011. Finally, positive news surrounding foreclosure and mortgage defaults in light of all the gloom and doom that we have become accustomed to. According to Steve Chaouki, group vice president in TransUnion's financial se...

12/10/2010