Home Refinancing and Mortgage Loans Current News

The Latest News and Developments

Current Mortgage Rates Today's Breaking News Stories

• Gov't to add consumer protections to mortgage plan AP via Yahoo! News - 36 minutes ago The Obama administration is soon expected to unveil additional protections to ensure homeowners are treated fairly and consistently under its mortgage relief program.
  
  
• Option ARMs Pose Mortgage-Default Risk in Housing Market Time Magazine - Feb 22 2:00 AM Could option adjustable-rate mortgages be the next subprime disaster? Most option ARMs undergo payment spikes after five years, and loan defaults may hit full stride in 2011, delivering a blow to the fragile housing market just as it regains strength
  
  
• Gov't to Add Consumer Protections to Mortgage Plan ABC News - 24 minutes ago Obama administration to unveil protections for consumers in mortgage relief effort Presidency of Barack Obama - United States - Mortgage - Business - Financial Services
  
  
• Nearly 1 in 10 Oregon mortgage holders delinquent, a new record The Oregonian - 14 minutes ago FRONT PORCH BLOG:The Mortgage Bankers Association report, a key industry measure, showed that 9.8 percent of the state's 628,000 mortgages were late, the highest rate since at least 1979.
  
  
• MARYLAND: State mortgage program lowers rates The Daily Times - 5 minutes ago CROWNSVILLE The Maryland Mortgage Program recently lowered interest rates for its zero point mortgages to 5.25 percent.
  
  

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