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california home loan mortgage rateAtlanta Journal Constitution - The U.S. home loan delinquency rate rose again in the fourth quarter of 2007 to reach its ... The delinquency rate for mortgage loans on one-to-four-unit residential properties ... In states like California, Florida, Nevada and Arizona, overbuilding of new ... Read more
Delinquent home loans hit 20-year highSan Francisco Gate - ... today, however, FHA could not insure single-family home mortgage ... On Wednesday, HUD announced new FHA limits for California. Borrowers in 14 counties will qualify for the maximum $729,750 loan ... The interest rate on loans backed by Fannie, Freddie ... Read more
FHA boosts home mortgage limitsBloomberg - Mortgage approvals fell to a nine-year low in January as rising subprime loan defaults in the U.S. led banks to tighten lending. ... in the U.S. states of Arizona, Georgia, Texas, California and ... to pass on cuts in the Bank of England's interest rate to ... Read more
Taylor Profit Drops 31% on U.K., U.S. Home Slowdown (Update2)Bloomberg - Auction-Rate Bond Failures Approach 70%, Show No Sign of ... also use the market to raise capital, as do student-loan corporations and some issuers of taxable debt. The California ... The market has collapsed because of subprime mortgage- linked ... Read more
Auction-Rate Bond Failures Approach 70%, Show No Sign of EasingTown Hall - ... as one alternative by Connecticut lawmakers is a revolving loan fund to help those caught up in the subprime mortgage ... is allowing some homeowners with certain subprime home loans to freeze their interest rate for five years. California and Florida ... Read more
Home Foreclosures Hit Record HighSan Francisco Gate - When Veronica Hodge realized the adjustable-rate mortgage on her Vacaville home was due to reset about $1,000 a month ... Now Alliance said loan modifications were on the upswing, while data collected by a California government agency found that loan ... Read more
Despite crisis, mortgage modifications rareSan Jose Mercury News - ... and Trinity counties are subject to a loan cap of $271,050 - a standard amount in an area with normal home ... areas, to let more homeowners with high-rate ... of the Silicon Valley chapter of the California Association of Mortgage Brokers. "The FHA loan is ... Read more
FHA boosts loan ceilingBloomberg - ... housing slump is deepening after Thornburg Mortgage Inc. received a default notice on a $320 million loan and investors speculated pending home ... Thornburg , a specialist in adjustable-rate loans ... at Intel's headquarters in Santa Clara, California. Read more
U.S. Stock-Index Futures Decline; Thornburg, Intel RetreatChicago Tribune - ... nationwide on a number of low-down-payment loan categories: *Home buyers ... still put 3 percent down and qualify for a fixed-rate, 30-year FHA loan ... economic stimulus package raises the maximum mortgage amounts for FHA -- great news for California, the ... Read more
Mortgage insurers take cue from retrenching lendersSanta Rosa Press Democrat - ... typical Sonoma County home. The average rate Wednesday on a 30-year fixed conforming loan ... are soaring across California, including Sonoma County, as homeowners increasingly struggle with mortgage payments. Hardest hit are those with adjustable-rate ... Read more
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