http://mortgageinfo.today.com Keeping you current on Today's mortgage news. Mon, 04 May 2009 14:38:31 +0000 http://backend.userland.com/rss092 en It seems when people begin looking for a mortgage their first stop is always their computer. I like it when people perform some research before attempting to buy or refinance a home, but care should be taken to ensure that the information that you recieve is accurate. There ... http://mortgageinfo.today.com/2009/05/04/finding-mortgages-online/ The acting Chief Financial Officer of mortgage giant Freddie Mac was found dead in his $900,000 Vienna, VA home this morning from an apparrent suicide. The Fairfax county police responded to a call to he 911 dispatcher at 4:48 a.m. and Kellermann was found in the basement of the ... http://mortgageinfo.today.com/2009/04/22/freddie-mac-cfo-david-kellermann-commits-suicide/ It seems like everyday I speak to someone that says "I was looking online and I see interest rates are at X.XX percent. I want to refinance my mortgage." I'm always amazed by people that look at rates and payments online and assume that those rates apply to ... http://mortgageinfo.today.com/2009/03/27/finding-mortgage-rates-online/ The new "Making Homes Affordable Program" provides benefits to distressed homeowners that have their mortgage through Freddie Mac. As many of you know, mortgages are frequently sodl through the open market. Also, the bank that services your loan may not be the bank that actually holds the loan. ... http://mortgageinfo.today.com/2009/03/26/how-do-i-know-if-freddie-mac-owns-my-mortgage/ The Federal Reserve just announced that it will spend up to $300 Billion to purchase long-tern government bonds over the next six months. This drastic step is an attempt to lift the country out of recession by reducing rates on mortgages and consumer debt. The Fed has left the bank ... http://mortgageinfo.today.com/2009/03/18/federal-reserve-to-purchase-300-billion-in-long-term-treasury-bonds/ I don't often talk about about, but I am a combat veteran. I am one of the lucky ones that got to spend a year of my life living in the desert in Afghanistan. I cherish all my days in the Army, particularly the time I got to ... http://mortgageinfo.today.com/2009/03/12/my-new-blog-va-mortgages-made-easy/ The $7,500 First-Time Homebuyer Tax Credit created by congress and went into effect on April 9, 2008 and was set to run through July 1, 2009. Many people complained that the credit had to be repaid by the homeowner over a 15 year period and was not really a ... http://mortgageinfo.today.com/2009/03/10/8000-first-time-homebuyer-tax-credit-update/ What is a Mortage? Every single day I read something that says the following: "I need a mortage" "Can I get a Mortage? "How much can I get a mortage for?" Or something similar. Since I am a Mort g age Originator I assume that the person wants a home loan. ... http://mortgageinfo.today.com/2009/03/09/mortage-and-mortgage-potato-potatoe/ For many years qualifying for financing on investment properties has been a little more stringent than the qualifications needed for purchasing a home as a primary residence. This is because investment properties typically have a higher foreclosure rate than principle residences and therefore present a higher risk to lending ... http://mortgageinfo.today.com/2009/03/05/mortgages-for-investment-properties/ The deep contraction in the economy and in the housing market has created devastating consequences for homeowners and communities throughout the country. Millions of responsible families who make their monthly payments and fulfill their obligations have seen their property values fall, and are now unable to refinance at lower mortgage rates. Millions ... http://mortgageinfo.today.com/2009/03/04/homeowner-affordability-and-stability-plan-executive-summary/