Nick

I read this on mortgage news today, and this numbers are kind of scary, so many properties will definitely have an impact in the housing industry and the overall economy of our nation.Here is the article7.2 Million Loans Behind on Payments, One Million REOsMore than 7.2 million mortgage loans are...

How many of you have heard this exact phrase before? How many of you actually understand the meaning behind it? I'm sure many of you do understand perfectly, while I must admit I will always find myself feeling a bit perplexed when coming across those that just don't fully see or get the BIG pict...

For the first time in five weeks, mortgage rates have increased, which threatens the housing market recovery. According to Freddie Mac, 30-year fixed mortgage rate increased to 5.01 percent, from 4.98 percent in the previous week. A 15-year mortgage rate averaged 4.40 percent. "The spring will pr...

FNMA ANNOUNCED THAT OCUPANT/OWNER BUYERS WILL RECEIVE 3.5% TOWARDS CLOSING COSTS IF THEY PURCHASE A REO FNMA BEFORE MAY 1, 2010