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Mortgage brokers seeing more refinancing - WRALRaleigh, N.C. — New numbers out Wednesday show national sales of new homes are at their lowest point in 18 years. But when it comes to pre-owned, the days of bargain hunting here may be over. The Federal Home Finance Agency reports prices are still ...
Avoiding foreclosure - Charleston GazetteCHARLESTON, W.Va. - In 2007, a few months after Jeff Light was laid off from his longtime job, he and his wife realized they couldn't make the mortgage payment on their Huntington home. "We've got kids, and this is the only home they've really known ...
Your E-mail address: - Charleston GazetteCHARLESTON, W.Va. - In 2007, a few months after Jeff Light was laid off from his longtime job, he and his wife realized they couldn't make the mortgage payment on their Huntington home. "We've got kids, and this is the only home they've really known ...
Mortgage company warns of possible ID breach - Fayetteville ObserverSome Fayetteville residents have received unsettling letters from their mortgage lender this week. In them, Countrywide informs recipients that a former employee may have sold unauthorized personal information — including names, addresses, Social ...
Mortgage Rates Are Getting Much Harder to Figure Out - CNBCWe asked Gary Vaynerchuk of Wine Library TV to tell us about his favorite brands of Bourbon, Irish Whiskey and Single Malt. New home sales drop. "The reality is that it used to be relatively easy to predict where mortgage rates were going to go ...
Fayetteville home market showing new signs of life - Fayetteville ObserverHome sales fell 18 percent in the Fayetteville market last month compared with a year ago — and these days, that’s good news. Realtors say Fayetteville enjoys a better housing market than many other areas of the country. Signs of a thaw of last ...
Obama, McCain vie for a changing South - Dallas Morning NewsCONCORD, N.C. – Barack Obama's journey to the White House could include winning Southern states, a road less traveled by Democrats. While the heart of Dixie is still a stronghold for Republicans, Mr. Obama has created openings in upper Southern ...
Credit measures carry risk - Chicago TribuneThe announcement Tuesday of $800 billion in measures to revive the nation's credit markets and reverse a deepening economic crisis propels the government into new and riskier territory: the uncertain world of credit cards, student borrowing and auto ...
Capital Bank's reach to expand - Raleigh News & ObserverYarber says more branches, acquisitions are possible. Capital Bank is expanding its territory into Fayetteville. The Raleigh bank announced Thursday evening that it has agreed to acquire four Omni National Bank branches from Omni's struggling ...
Today's Mortgage Terms starting with J
Jumbo Loan: A mortgage over the $300,700 limit established by the Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation. A jumbo mortgage tend to carry a higher interest rate than a conventional mortgage.
Junior Mortgage: A mortgage subordinate to the claim of a prior lien or mortgage. In the case of a foreclosure, a senior mortgage or lien will be paid down first.
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