The Mortgage Blog

Santander's retreat from lending is pushing the mortgage market into crisis.
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(Reuters) – Ally Financial Inc's mortgage unit filed for bankruptcy protection on Monday, and the former in-house financing arm for General Motors Co also said it will sell some international operations to help set it on a path to repaying $12 billion in U.S. government bailout money. The bankruptcy, which still needs court approval, came early Monday as ResCap faced looming bond payments and a …
great news thought i would never see this.

SEATTLE — The 30-year fixed mortgage rate on Zillow(R) Mortgage Marketplace is currently 3.65 percent, down four basis points from 3.69 percent at this same time last week. This represents the lowest …
I like this:)

NEW YORK, May 3, 2012 /PRNewswire/ – Mortgage rates fell for a fourth consecutive week and the fifth time in the past six weeks, with the average rate on the benchmark 30-year fixed mortgage rate dropping …
thats funny

Churchill Mortgage, a leader in the mortgage industry providing conventional, FHA, VA and USDA residential mortgages across 23 states, was named as a finalist for Nashville’s “Best
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Should you pay off your mortgage early? I received two questions about this last week and it's one that many people wonder about, whether they're thinking of making extra payments each month or paying it off all at once with a lump sum payment. After all, who doesn't look forward to the day when they don't have to write that big check to the mortgage company every month? On the other hand, there …
wonder what this really means

Churchill Mortgage announced a series of special events and promotions planned for this year to celebrate its 20th anniversary, including: a “First-Time Video Contest” where first-time homebuyers will recount their experiences; a “Young Entrepreneurs Contest,” where 20 people in their 20’s will pitch business ideas to Churchill Mortgage for a chance to win a capital investment; special Habitat …
does anyone know when this will take effect

Mortgage rates for a fixed 30-year loan drop to 3.88, just shy of record. Fifteen-year fixed mortgage rates fall to record low 3.11 percent.
thats funny

MEQUON, WI– – Mortgage applications nearly doubled in the first quarter of 2012 compared with the same period last year, according to a recent report from MortgageMarvel.com , an online mortgage-shopping …
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With mortgage rates still hovering near historic lows, this could be the right time to buy a home or refinance a mortgage, but nailing down a low-rate, low-fee loan isn't that easy. Winning one of the …
and i though i was the only one to see it this way