http://www.mortgagefit.com/blog Behind the scene Fri, 16 May 2008 10:24:31 +0000 http://backend.userland.com/rss092 en As a part of the Economic Stimulus Bill, jumbo mortgage limit has been extended especially in higher cost areas. And recently rates on jumbo loans have also dropped down. But in spite of this, borrowers aren’t able to make use of the rate cut or the extended limit. This is ... http://www.mortgagefit.com/blog/jumbo-criteria/ Once again a Bill has been passed on Thursday 8th May 2008 to relieve millions of homeowners who are facing problem with their mortgage payments. To stabilize the housing market, Massachusetts Representative Barney Frank, who is the chairman of the House Financial Services Committee, has authored the bill. The main provision ... http://www.mortgagefit.com/blog/subprimeloss-newbill/ Hi all, Here's something interesting to talk about! We have come up with the Video Forum in MF to help you share and learn finance the easy way. Our purpose is to empower you with financial knowledge so that you can make wise financial moves. What is it all about? The Video Forum is ... http://www.mortgagefit.com/blog/financevideo-forum/ I find a lot of websites offering mortgage quotes online itself. What I mean is, not simply applying for quotes online but applying as well as getting the quotes online. Whether it is preferable or not, is quite controversial. Some say it's fast and easy, and you don't have ... http://www.mortgagefit.com/blog/online-quotes/ Hi All, Having a good credit record is a primary factor for getting some of the best mortgage offers. But in today's market, one of the major concerns for those looking for mortgage is having bad credit. Due to low score or negative remarks on credit report, sometimes it's simply not possible ... http://www.mortgagefit.com/blog/credit-repair/ The Bush administration has come forward with additional mortgage help for borrowers who are facing problems with their mortgage payments and are at risk of facing foreclosure. The FHA has announced a new plan, the FHA Secure Expansion, which will be backed by the Bush Administration, for the struggling borrowers ... http://www.mortgagefit.com/blog/fhasecure-expansion/ Hi All, Today we have come up with our Industry News section with a new look and after fixing some logical bugs. Now the community members can share any mortgage news or latest happenings in the mortgage or finance industry from any news site or blog. I personally feel, it will ... http://www.mortgagefit.com/blog/industry-news/ Are you in a situation where the lender has declared foreclosure and you don’t know what the next step is for you? Well, there are workout options such as an alternative repayment plan, loan modification, or a partial claim to try out for. But such things are ok only if ... http://www.mortgagefit.com/blog/chapter13-foreclosure/ The Federal Reserve took a courageous decision by accepting 200 million of housing debts as collateral to promote liquidity in the housing market and give some relief to the banks brokerages. The banks and other financial institutes are facing cash crunch and even after five rate cuts within the last ... http://www.mortgagefit.com/blog/fed-creditcrisis/ Mortgage rates have been increasing for last three weeks but this week rates on 30 year mortgage rose highest in the last three months. Last week it was 6.04 percent but now it has been increased to 6.24 percent in this week. On November 15th 2007 it was also 6.24 percent. ... http://www.mortgagefit.com/blog/30year-frm-rate-rise/