Washington Mortgage Rates and Information Online from competing Lenders

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News about Mortgages:

Treasury considering mortgage rate plan - ABC2 News
WASHINGTON (AP) - The Treasury Department is considering a program to encourage banks to make mortgage loans at low rates to help revive the battered housing market. That's according to Neel Kashkari, who heads the government's $700 billion financial ...

Bernanke calls for more homeowner help - The Money Times
Washington -- Federal Reserve Chairman Ben Bernanke said the government should increase its efforts to stem the sharp rate of U.S. foreclosures. "Despite good-faith efforts by both the private and public sectors, the foreclosure rate remains too high ...

Treasury considering mortgage rate plan - ABC Action News
WASHINGTON (AP) - The Treasury Department is considering a program to encourage banks to make mortgage loans at low rates to help revive the battered housing market. That's according to Neel Kashkari, who heads the government's $700 billion financial ...

Kashkari: Treasury considering mortgage rate plan - PR Inside
WASHINGTON (AP) - The head of the government's financial system rescue effort said Thursday the Treasury Department is considering a program to encourage banks to make mortgage loans at low rates to help revive the battered housing market. Under the ...

Head of Financial Rescue Says Treasury Considering Mortgage Rate Plan - FOX News
WASHINGTON -- The head of the government's financial system rescue effort said Thursday the Treasury Department is considering a program to encourage banks to make mortgage loans at low rates to help revive the battered housing market. Under the ...

Mortgage plan shows increased gov't role - Huffingtonpost.com
WASHINGTON — If you're looking for a mortgage, Uncle Sam may be the only game in town. The government has already increased its share of the mortgage market to around 90 percent from around 55 percent last year as Wall Street licks its wounds from ...

Mortgage rates drop to lowest level since January - KTAR.com
WASHINGTON (AP) - Rates on 30-year mortgages plunged this week to the lowest level since January after the government launched a sweeping new effort to aid the U.S. housing market. Mortgage finance giant Freddie Mac reported Thursday that average ...

Falling mortgage rates can't thaw other credit - Washington Post
NEW YORK -- Rates may be falling for residential mortgages and the securities backed by them, but there hasn't been a similar loosening in other strained areas of the credit markets. Rising rates on corporate bonds and commercial mortgage-backed ...

Fannie Mae, Freddie Mac Mortgage-Bond Yields Tumble (Update2) - Bloomberg
Dec. 4 (Bloomberg) -- Yields on Fannie Mae, Freddie Mac and Ginnie Mae mortgage bonds fell as Treasury Secretary Henry Paulson considers a plan to push home-loan rates down to 4.5 percent to curb the yearlong U.S. recession. Yields on Washington ...

Bernanke calls for more homeowner help - The Money Times
Washington -- Federal Reserve Chairman Ben Bernanke said the government should increase its efforts to stem the sharp rate of U.S. foreclosures. "Despite good-faith efforts by both the private and public sectors, the foreclosure rate remains too high ...

Today's Mortgage Terms starting with U

Underwriting: It is the process of quantifying the risks involved in a specific loan and setting suitable terms and conditions for a mortgage.

URLA: Uniform residential loan application.

Usury: Interest charged in excess of the legal rate as established by law.

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