April 4, 2012
Current News
Tuesday afternoon after the Federal Reserve released the minutes from its March meeting. Mortgage rates of all types — FHA, conventional, jumbo, VA and USDA — are rising. In some cases, sharply. The Federal Open Market Committee meets eight times annually to discuss U.S. monetary policy and, when appropriate, to add, remove, and/or revise policy [...]
Read the full article →
March 26, 2012
Current News
Bank of America says it has begun a pilot program offering some of its mortgage customers who are facing foreclosure a chance to stay in their homes by becoming renters instead of owners. The “Mortgage to Lease” program, which was launched this week, will be available to fewer than 1,000 BofA customers selected by the [...]
Read the full article →