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Search 1) News For: Wisconsin Interest Only Mortgage

Mortgage interest rates dip to lowest level this year  The credit crunch has made it tough for people to get home loans, but those who do manage to qualify could be getting lower interest rates. Valley mortgage broker Dean Wegner said home buyers with good credit could be looking at the lowest rates this year -- 5.75 to 6 percent.

Keep mortgage terms relatively short - ANZ  Following last week's half a percentage point cut to official interest rates, the ANZ bank is advising mortgage borrowers to keep their borrowing at relatively short terms.

Lower mortgage rates cause jump in refinance applications  Many homeowners sought to take advantage of lower interest rates and refinance their mortgages last week, causing the total volume of mortgage applications filed to jump a seasonally adjusted 33.4% compared with the week before, according to the Mortgage Bankers Association��s weekly survey.

Jump in Mortgage Rates Disappoints Home Buyers   Mortgage rates have jumped even as rates on Treasurys have fallen, disappointing homeowners and potential buyers.

Mortgage Seekers Find Rates Are Down, Credit Tighter (Update1)  Sept. 16 -- U.S. mortgage rates are dropping. Good luck getting a loan. Existing home prices have fallen 7.7 percent since their July 2006 high and rates dropped below 6 percent last week for the first time in more than three months.

American Mortgage Acceptance Company's Board of Trustees Decides Not to Declare Common or Preferred Dividends for the ...   NEW YORK----American Mortgage Acceptance Company today announced that in the interest of preserving the Company's capital, AMAC's Board of Trustees has not declared a dividend on the Company's 7.25% Series A Cumulative Convertible Preferred Shares or common shares for the third quarter of 2008.

Economy - Wednesday   The Mortgage Bankers Assn.'s applications index hit a 4-month high of 661.7. Refinancing demand rose as interest rates fell 0.24 percentage point 15 an average 5.82%. "The drop in mortgage rates reflected the Treasury's announcement that Fannie Mae and Freddie Mac were placed under conservatorship of the Federal Housing Finance Agency," said Orawin Velz, MBA vice president of economic ...

A.I.G.��s $85 Billion Government Bailout  The decision, only two weeks after the Treasury took over the federally chartered mortgage finance companies Fannie Mae and Freddie Mac , is the most radical intervention in private business in the central bank��s history, The New York Times��s Edmund L. Andrews, Michael J. de la Merced and Mary Williams Walsh write.

Fitch Affirms GS Mortgage Security Corp. II's Series 2001-LIB (One Liberty Plaza)   NEW YORK----Fitch Ratings affirms GS Mortgage Securities Corporation II's commercial mortgage pass-through certificates, series 2001-LIB, as follows:

Report says criminals got Fla. mortgage licenses   State regulators failed to comply with a law designed to keep convicted criminals from working in Florida's mortgage industry and more legislation is needed, according to an investigative report issued Tuesday.