Latest news from http://www.mortgagebiznews.com http://www.mortgagebiznews.com http://feedproxy.google.com/~r/TheMortgageReports/~3/tzsiJS75et4/file-taxes-extended Mon, 06 Feb 2012 00:45:46 -0500 It's Tax Season. This year, you get 2 extra days to file -- taxes aren't due until April 17, 2012. Estimate what you'll owe the IRS with this helpful calculator. http://themortgagereports.com/?p=5521 http://feedproxy.google.com/~r/TheMortgageReports/~3/BY60PNMJ0hM/should-we-care-what-happens-to-greece Sun, 05 Feb 2012 17:15:43 -0500 People in the mortgage business know that rates are holding record lows here in the United States, but why? As mortgage-backed securities (MBS) rally ever  higher, rates drop, and the bid on the Fannie Mae 3.5% security—has been …relentless. It’s at a staggering 104.13 as of now - over a four point premium above par. ... http://themortgagereports.com/?p=7700 39.76 -98.5 http://feedproxy.google.com/~r/TheMortgageReports/~3/EWbBzpNJR3Q/the-vast-majority-of-homeowners-are-satisfied-with-ownership Sat, 04 Feb 2012 14:20:02 -0500 A recent survey of 1400 US homeowners has revealed that 72% are satisfied with owning a home, with pride of ownership and the freedom to choose home improvements and upgrades as the top reasons for that satisfaction. Participants were also asked if price appreciation was significant to their satisfaction, which received a somewhat tepid response, ... http://themortgagereports.com/?p=7697 http://feedproxy.google.com/~r/TheMortgageReports/~3/fO1Nte3Y250/mortgage-rates-rise-jobs-unemployment Fri, 03 Feb 2012 09:46:26 -0500 Mortgage rates are spiking right now as Wall Street begins to bet *with* the economy instead of against it. January's jobs report may be a tipping point. http://themortgagereports.com/?p=7690 http://feedproxy.google.com/~r/TheMortgageReports/~3/Kx3izjgYYGY/the-market-sets-mortgage-rates Thu, 02 Feb 2012 08:29:05 -0500 Loan officers know that the Federal Reserve has announced that they will raise interest rates in 2014 at the earliest, but that doesn’t mean another two years of 4% mortgage rates, however—external factors like inflation and the global economy also have an influence. Rising rates are certainly a possibility, then, for a variety of reasons. ... http://themortgagereports.com/?p=7685 http://feedproxy.google.com/~r/TheMortgageReports/~3/c7qSv0z2tUU/harp-100-days-statistics Wed, 01 Feb 2012 00:01:30 -0500 Statistics, geography, and demographics of the HARP Refinance Program's First 100 Days. Data tracked includes Median LTV, Median Interest Rate, and Average Loan-to-Value. http://themortgagereports.com/?p=7662 http://feedproxy.google.com/~r/TheMortgageReports/~3/Ecyz5B1HUKI/mortgage-guidelines-loosen Tue, 31 Jan 2012 05:56:32 -0500 Last quarter, not a single bank tightened its prime residential mortgage guidelines. The economy is looking up, and so are mortgage rates. http://themortgagereports.com/?p=7649 http://feedproxy.google.com/~r/TheMortgageReports/~3/GyvGkDEa3UU/white-house-harp-plans Mon, 30 Jan 2012 20:15:02 -0500 An update on the President's proposal for “a plan that gives every responsible homeowner the chance to save about $3,000 a year on their mortgage by refinancing at historically low interest rates". http://themortgagereports.com/?p=7640 http://feedproxy.google.com/~r/TheMortgageReports/~3/1-PXl1jijQg/downpayment-gifts-from-family Mon, 30 Jan 2012 00:16:06 -0500 There's a prescribed method for giving and receiving cash gifts for downpayments for a home. You can't just deposit the money into your bank account. If you do, your lender may reject the funds. http://themortgagereports.com/?p=2669 http://feedproxy.google.com/~r/TheMortgageReports/~3/6dvZS-xL3EY/foreclosure-timelines-impacting-sales Sun, 29 Jan 2012 17:09:40 -0500 Finishing the foreclosure process and unloading the REO are two different things. REOs once linked to subprime loans continue to take the longest to sell. http://themortgagereports.com/?p=7619