Palm Beach and Martin County Florida Mortgage Rate Roundup – Week of July 17

On July 19, 2009, in Tips And Advice, by Jim Sahnger

Palm Beach and Martin County Florida Mortgage Rate Weekly Roundup In Palm Beach and Martin County Florida last week, most mortgage rate surveys would have you believe that mortgage rates this week should be lower than last. According to both widely tracked indexes by Freddie Mac and Bankrate.com, interest rates declined anywhere from 1 to 6 basis [...]

Loan Modification may be the order of the day for Fannie Mae and Freddie Mac as they follow Citi Bank lead

On November 11, 2008, in Tips And Advice, by Fred Chamberlin

In news announcements this morning, Fannie Mae and Freddie Mac say they are working on a mass loan modification program. This program is designed to rework hundreds of thousands of delinquent mortgages. Loan modifications are a way to bring delinquent mortgages back to producing status from the lenders “toxic” mortgage pool. This came on the news that Citi [...]