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Mortgage Broker News
The Latest News and Developments For Mortgage Lending
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Mortgage Lender's Latest Breaking News
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- MORTGAGES / Rates over 5%
San Francisco Chronicle - Feb 28 12:33 AM Rates for 30-year home loans rose above 5 percent for the first time in three weeks. The average rate on a fixed mortgage was 5.05 percent this week, up from 4.93 percent last week, Freddie Mac said Thursday....
- Some retirees use reverse mortgages to pay for affluent lifestyle
Everett Herald - Feb 28 12:19 AM What many people have now house, lifestyle, neighborhood, friends, church, club is exactly what they d like to keep. Unfortunately many older folks simply don t know how or where to look to find the funds that would allow them to do so.
- Ocwen Financial President Ron Faris: Trying to make mortgages work
The Palm Beach Post - Feb 26 5:19 PM Ocwen Financial President Ron Faris: Trying to make mortgages work
- Couple just second in Knox to pay off Habitat mortgages
Knoxville News Sentinel - Feb 26 7:31 PM
- Freddie Mac To Stop Buying Interest-Only Mortgages
Banker & Tradesman - Feb 26 7:41 AM Beginning September 1, Freddie Mac will cease purchasing and securitizing interest only mortgages, including Freddie Mac Initial Interest fixed-rate and adjustable-rate mortgages.
At Direct Mortgages your application is managed by one professional loan officer who searches diligently among our over 200 sources of funds for the lowest possible rate for you, based on your particular needs and circumstance. We provide mortgage refinancing and
second mortgages for qualified homeowners. We understand that every borrower is different, and we offer a variety of products to meet your individual requirements.
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