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Foreclosure Rate Declines - Mortgage Rates & Trends (blog)Los Angeles TimesForeclosure Rate DeclinesMortgage Rates & Trends (blog)Current mortgage rates are still near their historical low, home values appear to be stabilizing in many parts of the country, and the government is giving ...Foreclosures take toll on US homeownersFinancial TimesForeclosure rates up by smallest amount in 4 yearsThe Associated PressRPT-US foreclosures drop 2nd straight month in Feb-RealtyTracReutersThe Epoch Times -eCreditDaily.com -UPI.comall 773 news articles »
Trade deficit shrinks as auto and oil imports drop - Financial News USA (press release)Trade deficit shrinks as auto and oil imports dropFinancial News USA (press release)Mortgage rates held below the 5 percent threshold for the second straight week, a report said Thursday, March 11, 2010, weeks before a government program ...and more »
Housing Slump May Be Over: but More Homes For Sale Across the US - HULIQHousing Slump May Be Over: but More Homes For Sale Across the USHULIQMortgage rates are also expected to rise as the Federal Reserve ceases its buying of $1.25 trillion in mortgage-backed securities.and more »
The Buzz On Business - Modesto BeeTopNews United Kingdom (blog)The Buzz On BusinessModesto BeeThe program is designed to lower borrowers' monthly payments by reducing mortgage rates to as low as 2 percent for five years and extending loan terms to as ...Obama Refinance Plan – Mortgage Relief and Avoiding Foreclosure TodaySubprime Blogger (blog)all 32 news articles »
More Work Ahead on Housing Market: Treasury - ABC NewsMore Work Ahead on Housing Market: TreasuryABC NewsHe said mortgage rates remain near historic lows, unsold home inventories are falling and prices are declining less rapidly in most markets with some prices ...and more »
• Economic Mindset Won't Change; Depressionary Relapse May Be Coming - Seeking Alpha (blog)• Economic Mindset Won't Change; Depressionary Relapse May Be ComingSeeking Alpha (blog)(3% is currently more than 300% above the inflation/deflation rate of 0%. Mortgage rates have been historically 100% above the inflation rate. ...and more »
Owners walk from homes, values erode - Detroit Free PressOwners walk from homes, values erodeDetroit Free PressIf the walkaway problem continues to grow, it could be calculated into the formulas that set mortgage rates. "If it becomes a widespread problem, ...and more »
Troubled mortgages at record highs, but mortgage bankers see glimmers of hope - NorthJersey.comLos Angeles TimesTroubled mortgages at record highs, but mortgage bankers see glimmers of hopeNorthJersey.comThe Mortgage Bankers Association predicts that mortgage rates, recently at near-record lows below 5 percent, will begin rising in the spring and end the ...MBA Delinquency Survey Shows Signs of Stabilization. Progress Depends on Labor ...MortgageNewsDaily.comUS MBA Chief Econ: Expect Steady Rise In Mtg Rates Thru 2010Market News InternationalFlorida (again) leads in foreclosuresBradenton HeraldKCI Investing -BusinessWeek -Reutersall 855 news articles »
Freddie Mac Sees Stabilization in Home Prices - DSNews.comFreddie Mac Sees Stabilization in Home PricesDSNews.com“Mortgage rates on 30-year fixed-rate loans hit an all-time low in Freddie Mac's Primary Mortgage Market Survey in December and averaged 4.9 percent over ...and more »
The PMI Group, Inc. Q4 2009 Earnings Call Transcript - Seeking Alpha (blog)DSNews.comThe PMI Group, Inc. Q4 2009 Earnings Call TranscriptSeeking Alpha (blog)We project that even in the face of modestly increasing mortgage rates existing home sales will increase across the year and the 2010 mortgage market size ...PMI Posts $228M Q4 Loss, Skirts Capital Requirements in Some StatesDSNews.comall 158 news articles »

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Today's Mortgage Terms starting with M
Margin: The percentage difference between the index for a specific loan and the interest rate charged. This is a number already set by the lender.
Market Value: The price at which a given property or product is transacted between a willing, unhurried buyer and a seller who know all the pertinent facts about the property.
Mortgage Banker: A financial institution who directly funds home loans, sells them to investors, arranges monthly payments and handles escrow. Some mortgage bankers sell their loans on the secondary market.
Mortgage Broker: A broker arranges financing for borrowers with a variety of lenders. A mortgage broker does not make the loan, but receives payments for its services.
Mortgage Insurance: It is insurance to protect the lender in case you default on your loan. With conventional loans, mortgage insurance is generally not required if you make a down payment of at least 20% of the home's appraised value. It is also known as PMI (Private Mortgage Insurance).
Mortgage Loan: A loan for which a specific real estate property serves as collateral to provide for repayment in case of default.
Mortgage Refinance: A refinanced mortgage is one in which a borrower pays down an old loan with a new loan. People who refinance a mortgage tend do so to get a lower interest rate, lowering their payments or to take cash out of their home equity.
Mortgagee: The lender in a mortgage loan relationship. Property is used as collateral to make payment.
Mortgagor: The borrower in a mortgage loan relationship. Property is used as collateral to make payment.
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