News
Mortgage Wizards believes that all of our clients deserve access to the latest financial news and headlines that affect their financial well-being. This is evidence of our commitment to our clients. We believe that well educated clients have the tools to make the correct financial decisions and avoid the pitfalls that could end up costing thousands of dollars. So, we invite you to use our news resources and become educated.
Mortgage rates dip, but still far from lows - New York Daily News
 CNBC | Mortgage rates dip, but still far from lows New York Daily News Rates for 30-year mortgages inched downward this week, but remain above record lows posted during the spring. The average rate nationwide for a 30-year ... Mortgage rates fall slightly Rates coming down for pricier mortgages Mortgage Rates Fall This Week, 30-Yr Fixed At 5.32% -Freddie |
Hey there, underwater borrowers: Want a refi? - Baltimore Sun
 Reuters | Hey there, underwater borrowers: Want a refi? Baltimore Sun Mortgage professionals say it's tough for borrowers to qualify. Has anyone out there tried to refinance under the older rules? I'm curious to know how it ... Mortgage-Rescue Plan to Cover More Borrowers Zillow: 43000 more area homeowners qualify for refi plan Neither lenders nor borrowers can afford to bypass the secondary ... |
Bank of England says mortgage repayment accelerates in 1Q ... - Los Angeles Times
 Telegraph.co.uk | Bank of England says mortgage repayment accelerates in 1Q ... Los Angeles Times By AP LONDON (AP) — UK homeowners paid down mortgage debt in the first quarter at the fastest rate in a year, shrinking the pool of money available for ... Mortgage repayment gathers pace Owners look over reverse mortgages Co-op Bank pays mortgage borrowers |
Beazer Homes agrees to settle mortgage fraud case - Reuters
 CharlotteObserver.com | Beazer Homes agrees to settle mortgage fraud case Reuters The settlement resolved allegations that Beazer and its mortgage unit, Beazer Mortgage Corp., in making Federal Housing Administration insured loans were ... Beazer To Pay Up To $53M To End Mtge Fraud Charges Beazer to Settle Fraud Case for Up to $53 Million Beazer Homes Reaches Deal on Fraud Charges |
Week-to-week mortgage applications fall 18.9%: MBA - MarketWatch
 MonitorBankRates.com | Week-to-week mortgage applications fall 18.9%: MBA MarketWatch CHICAGO (MarketWatch) -- The volume of mortgage applications filed last week dropped a seasonally adjusted 18.9% from the week ... Mortgage requests fall most since Feb. US mortgage applications fall to 7-month low Mortgage applications fall |
Halabi Companies Fail to Fix Mortgage Bonds Default - Bloomberg
Halabi Companies Fail to Fix Mortgage Bonds Default Bloomberg Most servicers of commercial mortgage bonds haven't tested these conditions, “storing up trouble” for the future, he said before today's announcement. ... Halabi property firms fail to prevent default on £1.15b commercial ... |
Another wave of foreclosures is poised to strike - Los Angeles Times
 Los Angeles Times | Another wave of foreclosures is poised to strike Los Angeles Times Mortgage defaults have surged to record levels amid rising unemployment and falling home prices. Lenders are expected to move quickly to clear up backlogs ... Philadelphia program saves 60 pct homes from foreclosure New Evidence on the Foreclosure Crisis Avoiding foreclosure scams |
Mexico Housing Fund Infonavit Sells MXN2.6B In Mortgage Bonds - Wall Street Journal
Mexico Housing Fund Infonavit Sells MXN2.6B In Mortgage Bonds Wall Street Journal MEXICO CITY (Dow Jones)--Mexico's government-run housing fund Infonavit said Thursday that it sold 2.6 billion pesos ($195.7 million) in mortgage-backed ... |
US Fed balance sheet shrinks below $2 trillion - Reuters
US Fed balance sheet shrinks below $2 trillion Reuters The Fed has been buying Treasuries and mortgage-related assets in an effort to pare mortgage and other long-term rates to revive the economy. ... Banks trim borrowing from Fed's emergency program NY Fed Money Supply M1 Rose $12.5B In Week; M2 Rose $300M Our View: Audit the Fed? It's about time |
Obama's Housing Rescue Expands - U.S. News & World Report
 UrbanTurf | Obama's Housing Rescue Expands U.S. News & World Report The mortgage refinancing program is part of the president's two-pronged plan to pull the nation out of its worst housing slump since the Great Depression. ... Housing rescue is expanded to include more borrowers Obama Expands Foreclosure Program Gov't foreclosure help will reach more homeowners |
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