The higher the rate the more likely people will lose there home, the more likely banks will close their doors and it is a domino reaction. If the Fed’s would come in and regulate the Mortgage Broker Industry completely STOP PRE-PAY PENALTIES and cap the Interest rates of people who have had some terrible luck [...]
Articles tagged with: loans
Written By: admin on March 16, 2010
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Written By: admin on March 15, 2010
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Written By: admin on March 13, 2010
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Analysis: Minorities had greater share of 2008 subprime loans
“Eleven-point-six-nine percent,” Hammond resident Art Julkes said plainly. Julkes, referring to the rate on his mortgage, said he is delinquent thousands of dollars on his more than $900 monthly payment.
Read more on The Times of Northwest Indiana
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Written By: admin on March 10, 2010
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Written By: admin on March 10, 2010
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Written By: admin on March 9, 2010
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Written By: admin on March 9, 2010
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Written By: admin on March 8, 2010
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Jumbo mortgage loans should not be confused with standard mortgage loans. Here is some insight about jumbo loans that should help you to better know what the limits and requirements are.
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