Mortgage Round-up March 21, 2008

Posted by Steve Dalton / Category:

Some sites and articles we're watching today, that apply to Mortgages and Refinances in NW Indiana.

PMI companies pulling the plug on some areas?
from ActiveRain Blogs by 1st Financial Mortgage, Inc.

Fraud Awareness
from ActiveRain Blogs by Naoma Doriguzzi -Wachovia Mortgage (Wachovia Mortgage, FSB)

Good News! Easing of the Lending Reserves Could Fuel a Surge in Our Housing Markets Yeah!
from ActiveRain Blogs by The Real Estate Text Book authored by William Johnson GRI CRS e-PRO (RE/MAX Associates)

A Fed Rate Cut Could Send Your Mortgage Rate Even Higher
from ActiveRain Blogs by David Soto - Illinois Home Loans & Mortgages (Illinois Home Loans & Mortgage Refinance)

What's the prevailing thought in the mortgage industry?

  • That you should lock now, rates aren't going to go to 4%
  • That all the government intervention will only make the mortgage market less responsive and more prone to fraud
  • That it's time to buy .... what in the world can a buyer gain by waiting longer into this mess