Newsfeeds

• Shopping And Paying Bills Online? Here's Methods To Protect Your Online Financial Identity Shopping And Paying Bills Online? Here's Methods To Protect Your Online Financial Identity In May 2010, Retail Sales at non-store retailers -- a category that includes Amazon and eBay -- topped $29 billion, up 16 percent from May 2009. Clearly, Americans are doing an increasing amount of shopping online. And we're paying our[…]
  
  Source: TheMortgageUpdate -- Jerry Ortega, Mortgage Blogger
  Created on: 15 Jun 2010 | 8:45 am
  
  TheMortgageUpdate -- Jerry Ortega, Mortgage Blogger | 15 Jun 2010 | 8:45 am
• What's Ahead For Mortgage Rates This Week : June 14, 2010 What's Ahead For Mortgage Rates This Week : June 14, 2010 Mortgage markets posted four good days last week and one awful one. Unfortunately for rate shoppers , that one bad day outweighed the gains of the other four and mortgage rates worsened on the week overall. Despite re-touching all-time lows[…]
  
  Source: TheMortgageUpdate -- Jerry Ortega, Mortgage Blogger
  Created on: 14 Jun 2010 | 8:45 am
  
  TheMortgageUpdate -- Jerry Ortega, Mortgage Blogger | 14 Jun 2010 | 8:45 am
• FHA Mortgage Insurance Premiums Approved To Triple In Cost FHA Mortgage Insurance Premiums Approved To Triple In Cost Starting sometime later this year, the monthly cost to carry an FHA-insured mortgage is expected to rise. In a near-unanimous vote, the House of Representatives gave the FHA power to raise the monthly mortgage insurance premiums it charges to its[…]
  
  Source: TheMortgageUpdate -- Jerry Ortega, Mortgage Blogger
  Created on: 11 Jun 2010 | 8:45 am
  
  TheMortgageUpdate -- Jerry Ortega, Mortgage Blogger | 11 Jun 2010 | 8:45 am
• Bank Reposessions Reach Record Levels For The Second Straight Month Bank Reposessions Reach Record Levels For The Second Straight Month According to foreclosure-tracking firm RealtyTrac.com, bank repossessions reached record levels for the second straight month in May, topping 93,000 properties nationwide. As compared to May 2009, all 50 states now show an increase in annual REO activity. Data like that[…]
  
  Source: TheMortgageUpdate -- Jerry Ortega, Mortgage Blogger
  Created on: 10 Jun 2010 | 8:45 am
  
  TheMortgageUpdate -- Jerry Ortega, Mortgage Blogger | 10 Jun 2010 | 8:45 am
• Conforming Loan Costs Are Rising, Says Freddie Mac Conforming Loan Costs Are Rising, Says Freddie Mac Mortgage rates may be dropping, but mortgage costs are not. According to Freddie Mac, the average required discount points on a conforming mortgage rate are higher by 0.1 percent since early-May. A "discount point" is prepaid mortgage interest; an up-front[…]
  
  Source: TheMortgageUpdate -- Jerry Ortega, Mortgage Blogger
  Created on: 9 Jun 2010 | 8:45 am
  
  TheMortgageUpdate -- Jerry Ortega, Mortgage Blogger | 9 Jun 2010 | 8:45 am

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