Your only mortgages news source!
Click on each item to read full story.

 
Want to invest like Bill Gross? Buy mortgages
read story
Bond king Bill Gross has been on a bit of a buying binge, sinking more than $90 million of his own money into four of his asset management company’s funds since April in an iconoclastic bet that ultra-low interest rates are here to stay and that mortgages are a hot [...]
 
Housing Buoyed by 20-Year High for Vet’s Loans: Mortgages
read story
America’s fragile housing recovery is getting a boost from military buyers like Air Force Staff Sgt. Claude Hunter using VA mortgages as the U.S. draws down troops after more than a decade of combat in Iraq and Afghanistan.
 
‘Appalling’ state of sub-prime mortgages in firing line
read story
One in four home repossessions since 2012 relates to sub-prime properties, new figures show
 
Why We Need Subprime Mortgages For A Healthy Housing Market
read story
The phrase "subprime mortgage" conjures up images of the shady lending practices of the early 2000s, but the reality is that subprime loans are a vital part of a healthy housing market
 
Urban Financial of America Now Offers Reverse Mortgages in Hawaii
read story
TULSA, Okla. -- Urban Financial of America, LLC (UFA), one of the top lenders of reverse mortgages in the United States, is now licensed to conduct its retail and wholesale reverse mortgage business in ...
 
Citigroup to pay $7B in subprime mortgages probe
read story
WASHINGTON (AP) — Citigroup has agreed to pay $7 billion to settle a federal investigation into its handling of risky subprime mortgages, admitting to a pattern of deception that Attorney General Eric Holder said "shattered lives" and contributed to the worst financial crisis in decades, the Justice Department said Monday.
 
CIBC Poll: Fewer Canadians taking action to pay down their mortgages faster
read story
CIBC Poll: Fewer Canadians taking action to pay down their mortgages faster
 
30-Year Fixed Mortgage Rates Slide Below 4%, For Second Week in a Row; Current Rate is 3.97%, According to Zillow ...
read story
SEATTLE -- The 30-year fixed mortgage rate on Zillow(R) Mortgages is currently 3.97 percent, down eight basis points from this time last week. The 30-year fixed mortgage rate hovered between 3.96 and 4.08 ...
 
Fitch: SHFA Mortgages Continue to Outperform Market
read story
Link to Fitch Ratings' Report: What Drives Mortgage Performance?
 
With jumbo mortgages, borrowers in no rush to change
read story
Demand for refinancing may be beginning to dry up among high-end homeowners, thanks to low incentives and shifting rates.