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A federal judge has granted 1st Mariner Bank a judgment by default in its defamation lawsuit against an out-of-state lawyer and his law firm.
Tagged with: 1st Mariner Bank defamation refinancing
Read More »Rate on 30-year mortgage declines to 3.54 pct.
WASHINGTON — Average U.S. rates on fixed mortgages fell this week and remained near historic lows, a trend that has supported a recovery in housing. Freddie Mac said Thursday that the average rate for the 30-year loan fell to 3.54 ...
Tagged with: Business consumers Economy freddie mac home prices homes housing loans mortgages Real Estate refinancing sales spending
Read More »Md. homeowners have received more than $220M from mortgage settlement
Maryland Attorney General Doug Gansler says Maryland homeowners have received more than $220 million so far from a national mortgage settlement. Gansler said Wednesday that 2,825 Maryland homeowners received the assistance between March 1 and June 30. The figures are ...
Tagged with: doug gansler homeowners refinancing
Read More »Robert Nusgart: Cash-out refinancing has all but vanished
In the last couple of years there has been a frenzy of home owners who have refinanced. Not just once. Maybe twice. Even three times. They’ve lowered their rates. They’ve lowered their monthly payments. They’ve lowered the number of years ...
Tagged with: finance freddie mac housing loan market Real Estate refinancing Robert Nusgart
Read More »Rate on 30-year mortgage falls to 3.98 percent
WASHINGTON — The average U.S. rate on the 30-year fixed mortgage was mostly unchanged this week, as the cost of home-buying and refinancing stayed near record lows. Mortgage buyer Freddie Mac said Thursday that the rate on the 30-year loan ...
Tagged with: bankers Banks federal reserve Foreclosures freddie mac home prices homes interest rate job market mortgage Mortgage Bankers Association refinancing
Read More »Scardelletti, Weisman join Embrace Home Loans
Anthony Scardelletti and Seth Weisman have joined Embrace Home Loans’ Rockville office as senior officer and senior loan officer, respectively. Scardelletti, of Potomac, has more than 16 years of experience in the mortgage industry. He was previously a partner at ...
Tagged with: Embrace Home Loans mortgage refinancing rockville
Read More »Robert Nusgart: FHA refinancing plan doesn’t go far enough
They still don’t get it. A couple of weeks ago, with much fanfare, the Obama administration rolled out a new program that would allow FHA borrowers who settled on a home before June, 1, 2009, to refinance to current lower ...
Tagged with: federal housing authority fha loan mortgage refinancing Robert Nusgart
Read More »Average rate on 30-year mortgage dips to 3.88 percent
WASHINGTON — Fixed mortgage remain a bargain at the start of the spring-buying season: The average rate on the 30-year mortgage dipped last week, while the 15-year loan fell to a new record low. Mortgage buyer Freddie Mac says the ...
Tagged with: fixed mortgage freddie mac home buying mortgage mortgage rate refinancing washington
Read More »Rate on 30-year mortgage rises to 3.95 percent
WASHINGTON — The average rate on the 30-year fixed mortgage jumped after standing pat for three straight weeks at record lows. But the rate stayed below 4 percent for the 12th straight week, keeping home-buying and refinancing attractive for those ...
Tagged with: fixed mortgage rate freddie mac home buying Mortgage Bankers Association mortgage rate refinancing washington
Read More »Rate on 30-year fixed mortgage falls to 3.98 pct.
WASHINGTON — The average rate on the 30-year fixed mortgage hovered above its record low for a fourth straight week. But cheap mortgage rates have done little to boost home sales or refinancing. Freddie Mac says the rate on the ...
Tagged with: freddie mac home sales mortgage national bureau of economic research rate refinancing Unemployment
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