addMoreJuice.com

  By Wonda J House prices are on the rise in most parts of the country, however, since we are still seeing great mortgage interest rates and a well-functioning mortgage market, you should enjoy the ‘good old days’ while they last and act when you can. Mortgage rates may rise, and the housing supply will dwindle, which will [...]

  By Easton L Lawrence Banks who is largely responsible for knowingly issuing bad quicksand mortgages to unsuspecting borrowers — causing the collapse of the world economy– is now triple scrutinizing appraisals, income and bank  statements, and anything else that could force them to buy back a loan in default. Well, what does this mean? It [...]

  By Easton L Lawrence According to a report by CoreLogic prices of U.S. homes rose 6.3 percent in October when compared to a year ago. This is the largest yearly gain since July 2006. The once-battered housing market is showing signs of a comeback. This news is causing panic to many buyers sitting on the sidelines procrastinating. [...]

  By Easton L Lawrence Many buyers pay too much for a mortgage. Some even lose homes when unexpected fees come due. A recent concluded study, by Fannie Mae, discover that many Americans don’t adequately investigate or fail to understand the choices available when shopping for a mortgage. That, in turn, can increase cost to [...]

  It’s another low not seen since at least 1971 when recordkeeping began. Most mortgage experts predict little change. Average U.S. rates on fixed mortgages fell to fresh record lows this week, a trend that has helped the housing market start to recover this year. Mortgage buyer Freddie Mac says that the average rate on [...]

  New York, Manhattan, top federal prosecutor sued Bank of America for more than $1 billion on Wednesday for mortgage fraud against Fannie Mae and Freddie Mac during the years around the financial crisis. U.S. Attorney Preet Bharara said Countrywide Financial, which was later bought by Bank of America, churned out mortgage loans from 2007 to 2009 [...]

By Easton L Cheap mortgage rates have made home-buying and refinancing more affordable than ever. And today their is more good news for those who can qualify as the average U.S. rates for 30-year and 15-year fixed mortgages fell to fresh record lows this week. Mortgage buyer Freddie Mac said Thursday that the rate on [...]

The U.S. federal government will propose new rules on Tuesday that will give homeowners more ways to avoid foreclosure and get an accurate accounting of their monthly mortgage payments. Congress mandated changes in the rules covering the mortgage servicing industry in the wake of the 2008 financial crisis. The Consumer Financial Protection Bureau’s proposed rules would [...]

The average U.S. rate on the 30-year fixed mortgage fell back below 4 percent this week, staying near historic lows. Mortgage buyer Freddie Mac said Thursday that the rate on the 30-year loan dropped to 3.99 percent from 4.08 percent last week. Last month, the rate touched 3.87 percent, the lowest since long-term mortgages began [...]

By Easton L According to the National Association of Home Builders and Wells Fargo Housing Opportunity Index (HOI), nationwide housing affordability rose to a record level during the fourth quarter of 2011. However, prospective homebuyers continued to have trouble qualifying for a mortgage thanks to tighter credit standards and a soft economy. HOI data released [...]