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Saturday, July 6, 2013

07/06/13 The Raw Mortgage Feed

Comprehensive Real-Time News Feed for Mortgage.

  • U.S. adds 195K jobs; unemployment 7.6% 2013-07-06, 04:50 am
    ... had previously estimated -- 50,000 in April and 20,000 in May. The Fed has been buying $85 billion in Treasury and mortgage bonds each month since late last year. The purchases pushed long-term interest rates to historic lows, fueled a stock rally ...
  • Stocks end with strong gains 2013-07-06, 04:41 am
    Stocks ended with a surge Friday after traders decided that a healthy job market mattered more than the Federal Reserve scaling back its economic stimulus.
  • U.S. economy adds 195K jobs 2013-07-06, 04:40 am
    ... Fed would likely scale back its bond purchases later this year. The Fed has been buying $85 billion in Treasury and mortgage bonds each month since late last year. The purchases pushed long-term interest rates to historic lows, fueled a stock rally ...
  • Personal Banker / 92213961 2013-07-06, 04:38 am
    ... to comply with and be subject to the Monster Terms and Conditions and Privacy Policy for use of our website. Mortgage (FCM), and First Community Services (FCS) continue to thrive across the state of Texas. Founded as First National Bank of Killeen ...
  • Reader Profile: YA 2013-07-06, 04:34 am
    ... $9.00 Land property tax: $78.00 Food: $300.00 AAA: $4.00 Life Insurance: $11.00 Dogs: $150.00 Water/sewer: $33.00 Mortgage: $540.00 Netflix: $18.00 Total: $1,686.00 I want to quit my job and do something more creative and flexible so that I can be ...
  • Las Vegas Suburb Accused of Plotting to Seize 5000 Homes with Eminent ... 2013-07-06, 04:03 am
    ... d into and embarked upon a plan to use the power of eminent domain to condemn and seize privately-owned residential mortgage loans in the City," the complaint states. "The City intends to target for seizure ...
  • Home prices rise in May by most in 7 years 2013-07-06, 03:30 am
    ... (20.2 percent), Arizona (16.9 percent), Hawaii (16.1 percent) and Oregon (15.5 percent). Steady hiring and low mortgage rates have encouraged more Americans to buy homes. Greater demand, a limited number of homes for sale and fewer foreclosures have ...
  • Federal furloughs create hardships for workers 2013-07-06, 03:30 am
    ... them from being placed on furlough status. Newsflash: Furlough does not mean people have to stop paying their mortgage, utilities, car payments/insurance (car, medical, dental), day care and put food on the table. Life goes on but with up to 30 ...
  • June's new jobs report not too hot or too cold 2013-07-06, 03:29 am
    ... of the Fed action is critical. The central bank's program of buying $85 billion a month in Treasury securities and mortgage-backed bonds has not only kept long-term interest rates low for borrowers, from big companies to individual homebuyers, but ...
  • Reverse My Mortgage Is Now Offering HECM Loans in the Denver Colorado Area 2013-07-06, 03:28 am
    Reverse My Mortgage has recently announced that they will be offering their services in Colorado starting in the summer of 2013.
  • Rate State Explains Interest Only Mortgages in Their Latest Article 2013-07-06, 03:26 am
    ... reveal what exactly this term means and for who it is an option in their article titled "What Is An Interest Only Mortgage?" Rate State explains that, for some people, interest-only loans can help buy more with less, at least in the short term. They ...
  • Home Prices Stabilizing - Blue Loan Services Helps Homebuyers And... 2013-07-06, 03:25 am
    ... helps facilitate this process with their fast online loan processing system. Blue Loan Services is a full services mortgage company that has been helping residents of California to find the best loan products and home loan rates for many years. The ...
  • Best Time to Lock in a Mortgage Rate Explained in New Loan Love Mortgage Rate Lock Guide 2013-07-06, 03:24 am
    A new Loan Love Mortgage Rate Lock guide helps home loan borrowers to decide when the best time to lock in their rate would be.
  • Findlay police investigating 'irregularities' at title agency 2013-07-06, 02:29 am
    ... on June 24. Police provided no details, except to confirm they are investigating. Title insurance protects a mortgage lender or property owner against unforeseen events that would reduce a property's value. Hensley was dismissed from her job for ...
  • Lending manager hired 2013-07-06, 02:24 am
    ... senior management team. Bellaire possesses 24 years financial industry experience with HSBC Bank USA and Premium Mortgage Corp. and will be responsible for all mortgage lending, loan underwriting, collections and lender compliance. He is a graduate ...
  • Pope Francis's Vatican: How the New Pontiff Is Shaking Things Up 2013-07-06, 02:04 am
    ... giving various amounts to friends in exchange for checks he could then deposit into his Italian account to pay a mortgage. He preferred to use 500-euro bills, earning his nickname "Don 500" in the Italian press. The operation didn't sound any alarm ...
  • June hiring continues positive trends 2013-07-06, 02:04 am
    ... buying this year. If it did, long-term rates would likely rise. The Fed has been buying $85 billion in Treasury and mortgage bonds each month since late last year. The purchases pushed long-term interest rates to historic lows, fueled a stock rally ...
  • Financial priorities during times of hardship 2013-07-06, 02:00 am
    ... advise that these kinds of bills are the most important to keep up with: -Basic housing, including rent or mortgage, real estate taxes and utilities -Child support -Automobile loans and insurance -Income taxes and IRS liens on property These ...
  • Hold on: Mortgage rates to rise again 2013-07-06, 01:46 am
    ... bond yields soaring. For potential home-buyers, the concern is the spike in the 10-year bonds, which tends to track mortgage rates. As bond prices tumbled, yields hit levels not seen since 2011 - a sign that higher mortgage rates are sure to hit ...
  • SCHRAM: Political paralysis strikes again -- this time loading students with debt 2013-07-06, 01:30 am
    In a bipartisan act of calculated inaction and willful indifference, the Democrats and Republicans who run Congress passively allowed a key student loan interest rate for low- and middle-income students to double.

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