Real Estate news for 7/7/11

Mortgage applications drop 5.2% on higher interest rates. Mortgage rates had a slight increase last week, we are seeing the affect on the mortgage market. The purchase index actually increased! Meanwhile, the refinance index fell for … — Wed, 06 Jul 2011 11:44:00 -0700
Michael Groves Law Office has been able to stop foreclosure actions (without bankruptcy filings) and modify mortgages including lowering interest rates, balance reductions, and house payment reductions. Authority Real Estate has an … — Wed, 06 Jul 2011 11:39:13 -0700
A variety of investment house America opportunities are available across the state while mortgage interest rates continue to remain low. It is also observed that foreign investors are making enquiries and visiting popular real estate … — Wed, 06 Jul 2011 11:11:27 -0700
July 6, 2011 (Chris Moore) The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the week ending July 1, 2011. The… — Wed, 06 Jul 2011 11:05:23 -0700
James asks…Whats the best way to modify my mortgage interest rate?I bought my home about 2 years ago at 7.125%. I had (and still have) excellent credit, but the reason my rate was high is because I went with a stated, no doc loan. — Wed, 06 Jul 2011 11:05:03 -0700
Fixed rate mortgage rates give you the benefit of a consistent and predictable monthly outgoing, lending themselves to slightly higher interest rates to compensate for the currently lower tracker rates. Trackers on the other hand give … — Wed, 06 Jul 2011 10:42:35 -0700

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