Latest Mortgage Industry News

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Pension protection eases access to retirement plans
From the beginning of the year 2007, certain changes to the Pension Protection Act of 2006 will come into effect. This will make it easier ...
Shared by Caron - 5 years, 2 months, 4 days, 10 hours, 15 minutes, 2 seconds ago
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  1

Votes
Mortgage Rates Sink
Mortgage Rates all over the country fell. The average rate for 30 year fixed rate mortgage was recorded 6.18% lowest in last 10 months. ...
Shared by Caron - 5 years, 2 months, 2 weeks, 4 days, 8 hours, 58 minutes, 34 seconds ago
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Votes
Speed up the mortgage payments and save, but beware of gimmicky strategies
This is basic math. The less principal you owe on a loan, the less interest you are charged as part of each regular payment. As ...
Shared by Jerry - 5 years, 2 months, 2 weeks, 5 days, 11 hours, 51 minutes, 34 seconds ago
698 visits | 0 Comments | Are you recommending it?    100%[1]Yes    0%[0]No

  1

Votes
Mortgages for low income buyers at below market interest rate
The Illinois Housing Development Authority will fund I-Loan Mortgage program, which offers home mortgages to low income buyers at below market interest rate. To collect ...
Shared by Helping_user - 5 years, 2 months, 2 weeks, 6 days, 6 hours, 56 minutes, 54 seconds ago
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Mortgage counseling law draws 2nd suit
A second lawsuit has been filed which seeks to prevent the Illinois law regarding financial counseling of buyers or people looking to refinance, from being ...
Shared by Helping_user - 5 years, 2 months, 3 weeks, 3 days, 9 hours, 54 minutes, 30 seconds ago
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  2

Votes
Man arrested in mortgage-fraud investigation
Police took a Tinley Park man into custody and seized three luxury cars and flat-screen TVs from his upscale home this morning in a mortgage-fraud ...
Shared by Jerry - 5 years, 2 months, 3 weeks, 5 days, 8 hours, 7 minutes, 34 seconds ago
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  1

Votes
Be wary of gimmicky strategies for paying off your mortgage
When my wife, Georgina, and I paid off our $100,000 mortgage early 19 years ago, we saved $97,468.70 in interest. ...
Shared by Jerry - 5 years, 3 months, 2 days, 21 hours, 49 minutes, 37 seconds ago
683 visits | 0 Comments | Are you recommending it?    100%[1]Yes    0%[0]No

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