Modified Subprime Mortgages Redefault
Fitch Ratings is slated to release a report this week showing that 65 percent to 75 percent of modified subprime mortgages will still fall behind by 60 days or more...
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Mortgage Rates in Nashville Lower Again
Freddie Mac reports a drop in the 30-year fixed mortgage rate to 4.82 percent during the week ended May 21 from 4.86 percent the prior week, while the 15-year fixed...
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Foreclosures Rise on Prime Mortgages
This article entitled “Job Losses Push Safer Mortgages to Foreclosure” appeared in the NY Times on May the 25th, 2009. The authors are Peter Goodman and Jack Healy:As job losses...
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Nashville Mortgage Rates Lower with Fed Action
Freddie Mac reports a decline in the 30-year fixed mortgage rate to 4.80 percent during the week ended April 23 from 4.82 percent the prior week, while average interest on...
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Freddie Mac CFO Dead; Suicide Suspected
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This is not the type of news that I like to report on my blog, but the rampant rumors about Freddie Mac's solvency coupled with some wild speculation about the...
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Mortgage Rates Hits New Record Low
Freddie Mac reports that rates on 30-year mortgages fell to the lowest level on record for the second consecutive week. This week, average rates on 30-year fixed-rate mortgages declined to...
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