Whereas last week politicians, pundits, Wall Street and economists heralded headlines touting 3.5% growth in GDP and 640,000 jobs created by the...
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The recent increases in home sales, new housing starts and a rebounding stock market may imply that the long-awaited economic recovery has arrived in...
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Large regional banks have more than half of their loan portfolio invested in commercial loans. Based on an analysis done by Bloomberg, 72 banks have...
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Terrace Mortgage sent out a notice that as of Monday the 24th, the minimum credit score for FHA is going to be increased to 640. If you have any...
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@JohnScottSmith (Twitter) commented on my rebuttal to Kurt Wampler’s mortgage mess blog, stating “Government regulation to encourage...
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A Federal Reserve survey of senior loan officers and bankers regarding lending practices, conducted in July, indicates that roughly 20% of the...
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Despite recent stabilization of home prices in some markets, the sales of foreclosed properties continues to weaken home prices and diminish...
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The bankrate.com national overnight average on the 30 year fixed mortgage is 5.44% today, though there are numerous economic reports being released...
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The Federal Reserve kept its target for a key short-term interest rate near zero percent and reiterated the intention to do whatever is necessary to...
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The Mortgage Bankers Association reported an increase in mortgage applications last week. Demand for home loans increased after declining four weeks...
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