Mortgage News

Foreclosures Hit One Mortgage in Forty

July 02, 2009 - Foreclosures rose sharply during the first quarter of the year, increasing by more than 20 percent to account for one in 40 outstanding U.S. mortgages, according to government figures released this week.

Improving Your Credit Score

July 03, 2009 - So how do you go about improving your credit score? Good credit is the key factor in getting the best interest rates when buying a home or refinancing a mortgage. In today's tight credit markets, it even can determine whether you qualify for a loan at all.

The week's features

Many homeowners who are underwater on their mortgages now have a new option for reducing their monthly payments...

Need help reducing your mortgage payments? Been trying to get approved for a Making Home Affordable loan modification...

Is it worth it to refinance your mortgage? With recent signs that interest rates may be headed back down again, many...