Latest Post
Mortgage Rate Update Ending 8/19/2010
Bankrate.com conducts a weekly national survey on the interest rates for the five most common consumer banking products. Here’s the outcome for 8/19/2010:
- 30 Year Fixed Rate: 4.63 percent
- 30 Year Fixed Rate Jumbo: 5.26 percent
- 15 Year Fixed Rate: 4.11 percent
- 5/1 ARM (Adjustable): 3.95 percent
- 1 Year ARM (Adjustable): 4.80 percent
According to the Mortgage Bankers Association:
- Mortgage applications rose 13 percent when compared to a week earlier
- Refinance applications shot up 17.1 percent when compared to a week earlier
- Applications for new purchases fell 3.4 percent
Latest Headlines
- Mortgage Rate Update Ending 8/19/2010
- Are Loan Modification Success Stories Increasing or Decreasing?
- Mortgage Rate Update Ending 05/06/10
- Foreclosure or Short Sale Complete? Think Again.
- Mortgage Rate Update Ending 01/20/10
- Mortgage Industry to Receive Pressure from the Obama Administration
- Home Sales to be Tested this Winter
- Focus your attention on CREDIT
- Is the Housing Market Set for a Rebound?
- Mortgage Rate Update Ending 08/19/09
- Why Getting a Loan Modification May Not be a Speedy Process
- Obtaining a Second Loan Modification – is this Possible?
- Mortgage Rate Update Ending 07/01/09
- Mortgage Modifications Get Trial Period
- Obama Plan for Modifying Mortgages Has Slow Start
Loan Mitigation and Foreclosure News
At Loan Modification Advocates, we have seen a steady increase in our ability to push loan modifications through to success. The...
Foreclosure or Short Sale Complete? Think Again.At Loan Mitigation Advocates we take pride in trying to help our clients preserve their home ownership. Loan modification is the...
Mortgage Industry to Receive Pressure from the Obama AdministrationThe government is not happy with the results from its foreclosure-prevention efforts. Mortgage companies are not doing enough to...
Real Estate News
Despite recent figures showing that house prices have increased for the last three months, concerns for this winter are starting to...
Is the Housing Market Set for a Rebound?Some experts argue that the worst is behind us and others are predicting the worst is yet to come. Here are a few recent reasons in...
Mortgage News
Bankrate.com conducts a weekly national survey on the interest rates for the five most common consumer banking products. Here’s...
Everyday, struggling homeowners call foreclosure and loan mitigation hotlines for help on how to save their homes. This is just a small sample of a larger problem. Foreclosures, short sales, adjustable mortgages, and financial or personal hardship have wreaked havoc in the marketplace. The need for loan mitigation is paramount.
At Loan Mitigation Advocatessm, we encourage homeowners to try and resolve their situation themselves. In many cases, the homeowner realizes the complexity of the situation and that they do not have the time, connections within the lending industry or negotiation power. This is where many homeowners turn to a loan mitigation advocate. The hiring of a specialist to handle the process from start to finish can ease an already stressed situation, reaping benefits long into the future, and most importantly, help you, the homeowner, stay in your home.
CORPORATE BROKER’S LICENSE #01858172