Latest Mortgage News

California, Florida Account for Two-Fifths of Suspected Mortgage Fraud

Kirk Haverkamp — Fri, 30 Jul 2010 23:18:42 +0000

California and Florida led the nation in incidents of suspected mortgage fraud last year, with Los Angeles and Miami heading the list of metropolitan areas with the most reported incidents.

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Homeownership Continues to Decline

Kirk Haverkamp — Fri, 30 Jul 2010 14:21:05 +0000

The U.S. homeownership rate continued to decline in the second quarter of the year, falling to 66.9 percent, the lowest level since the end of 2009.

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More Properties Lost to Foreclosure

Kirk Haverkamp — Thu, 29 Jul 2010 17:18:38 +0000

The number of U.S. homes in foreclosure continues to decline, even as the number of properties actually lost through the process is on the rise, according to figures released today by real estate data firm RealtyTrac.

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Mortgage Rates Set Record Lows for Sixth Straight Week

Kirk Haverkamp — Thu, 29 Jul 2010 15:21:59 +0000

Mortgage interest rates once again fell to new record lows this week, according to the weekly Freddie Mac rate survey.

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Homeowners Putting Up Extra Cash to Refinance

Kirk Haverkamp — Wed, 28 Jul 2010 21:26:53 +0000

Looking to refinance your mortgage? You might have to bring some cash to the table.

Read More at MortgageLoan.com