The number of Americans seeking a mortgage to purchase a home fell, while applications for those seeking to refinance increased, according to this morning’s Market Composite Index, released by the Mortgage Bankers Association (MBA).

Government Announces Loan Modification & Foreclosure Prevention Plan

On Tuesday, the Bush Administration laid out a plan to rescue struggling homeowners and put an end to the crippling housing market. The plan is based around the mortgages held by now government-run Fannie Mae and Freddie Mac. The details of the plan are as follows...

Mortgage Applications Surge in Latest Report, Americans Turning to Security of FHA loans

Americans are showing a renewed interest in refinancing their mortgages and purchasing new homes according to this morning’s Market Composite Index, released by the Mortgage Bankers Association (MBA).

VA Loans are the Top Mortgage Choice for Veterans and Military

Today is Veterans Day and it’s a special time for the millions of American men and women who have served (or still serve) in the U.S. Military. One of the top military benefits is the VA loan and here is why.

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The number of Americans seeking a mortgage to purchase a home or refinance an existing loan fell more than 20% last week, according to a weekly report issued today by the Mortgage Bankers Association (MBA).

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With change on the horizon after last night's election, it's only natural to wonder what "change" will come to the mortgage market as a result. Furthermore, what change to mortgage interest rates have U.S. elections stirred up in the past? We always hear rumblings about mortgage interest rates dropping after an election, but is there a......

If your home is on the market during the winter season, potential home buyers will have your home’s energy efficiency at the top of their mind. Here’re a few tips to make your home more attractive to conservation-minded buyers.

Fed Funds Rate Drops to 1%, Near Lowest in U.S. History

Breaking financial news: The Federal Open Market Committee (FOMC) announced today that it has dropped its Fed Funds rate to 1 percent--near the lowest it's been in U.S. history. Will it impact mortgage rates?

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The U.S. Census Bureau and the Department of Housing and Urban Development announced today that sales of new, single-family homes in September rose 2.7 percent compared to August’s numbers.

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The National Association of Realtors announced today that existing home sales in September increased 5.5 percent as compared to August 2008.

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