The Mortgage Broker

Always Fast, Easy, & Free -- No obligations. Become an Educated Borrower.

(Debt Consolidation and Commercial Loans also available.)

Get Free Mortgage Rates and Information

ZIP Code:

Mortgage Type:

** Over 100 lenders compete for your business.

10/12/2008 News For:

The Mortgage Broker

Local Broker: Now is not time to panic  Regardless of political opinions about the recent congressional economic bailout, now is the time to be supportive of the economy, said Jeff Anderson, mortgage broker at Truemark Lending in Tomball.

In market for a mortgage?   Media reports to the contrary, mortgage money is still available and#8212; if you have good credit and sufficient equity.

Broker to be sentenced in Coast Bank meltdown  A federal judge has accepted the guilty plea of a real estate broker tied to the mortgage meltdown that crippled Coast Bank of Bradenton.

Credit Card Charge-Off Collapse - the Next Economic Crisis   Consolidated Credit Counseling Services, Inc. predicts credit card debt as the next financial breakdown. Consumers state their unsecured debt is approximately triple over last year. The bailout plan has been passed to help with the mortgage crisis, but consumers have credit card debts that they can't pay.

How high will hybrid mortgage go?  Q: I have a hybrid mortgage that is fixed for the first five years at 4.25 percent, and is tied to U.S. Treasury securities. The loan document notes that the index value is 2.1 and the margin is 2.75. The first "change date" on the loan is Nov. 1, 2009. My...

Citigroup shrinks mortgage broker business  Citigroup will cut 500 mortgage-related jobs and slash by 90% the number of independent mortgage brokers it works with, the company said, as the U.S. mortgage industry broadly shrinks amid the housing crisis.

Ad Roundup: John McCain's Ads Get Personal, Barack Obama Hits McCain on Healthcare, Mortgage Plans  McCain attacks Obama on Bill Ayers; Obama slams McCain's mortgage proposal and healthcare tax credit.

Mortgage last loan people pay, study finds  Behind the mortgage crisis lurks some consumer behavior that, at first glance at least, seems puzzling. When faced with the possibility of falling behind on home loans, credit card payments or car loans, borrowers are more likely to choose to let their...

30-year mortgage rates dip below 6 percent  Rates on 30-year mortgages fell below 6 percent last week, recording the first decline in three weeks. Freddie Mac, the mortgage company, reported that 30-year fixed-rate mortgages averaged 5.94 percent last week, down from 6.10 percent the previous week. It...

Mortgage trouble sparks scheme  The Maryland Department of Labor, Licensing and Regulation is warning consumers and mortgage companies to beware of a new type of business purporting to offer "loss mitigation consulting," "foreclosure prevention" and similar services.