News - Mortgage - Robert Kollman

Yahoo! Finance: Mortgage News
Even the best borrowers will feel the brunt of the credit crisis (at MarketWatch)	8/19/2008 4:29 PM
The credit crunch is the one area that many consumers think they can sidestep if their financial situation is not perilous. After all, the term âcredit crunchâ was just put into the Concise Oxford English Dictionary, defined as âa severe shortage of money or credit,â so anyone with decent credit or stable cash flow is likely to believe that credit headlines represent someone elseâs problems.
Where real-estate market may be headed, and how to plan for it (MarketWatch)	8/18/2008 4:20 PM
Like everyone else, I can only guess the near-term path of the real-estate market. With that disclaimer on the books, hereâs my guess.
Mortgage applications off 1.5% on week-to-week basis: MBA (at MarketWatch)	8/13/2008 4:10 AM
Fewer applicants seek mortgages, with the volume of applications filed last week down a seasonally adjusted 1.5% compared with the last week of July, the Mortgage Bankers Association says.
CORRECT: Pending home sales index rises 5.3% in June: NAR (at MarketWatch)	8/7/2008 8:52 AM
In a sign that the U.S. housing market may strengthen in coming months, an index of sales contracts on previously owned U.S. homes rises 5.3% in June from the prior month, the National Association of Realtors reports.
New fees by Fannie Mae may drive mortgage rates higher (MarketWatch)	8/7/2008 8:14 AM
The average rate on the 30-year fixed mortgage remained flat this week, and other mortgage rates moved little, according to Freddie Macâs weekly survey released on Thursday. But a new fee structure announced by Fannie Mae may push rates higher in the weeks ahead.

Mortgage News \| Quicken Loans
Buying a Home? Get a Lower Rate With a Lender-Paid Rate Buy-Down!		8/18/2008 10:00 PM
What can homeowners and homeowner hopefuls do to lower their interest rate? A temporary rate buy-down paid by your lender! Some lenders are offering a temporary buy-down version of FHA mortgages. What’s a temporary buy-down? The program gives clients who are purchasing a home a reduced interest rate for up to the first two years that they’re in their home.
FHA Secure Now Helps More Homeowners Refinance With an FHA Loan		8/14/2008 10:00 PM
Last year, FHA rolled out FHASecure, a loan program designed to help homeowners with adjusting ARMs (adjustable rate mortgages) get a fixed rate. Last month, FHA re-launched FHA Secure with some fresh new guidelines aimed at helping even more homeowners.
Despite Popularity of FHA Loans, Mortgage Activity Dips in Weekly Survey		8/12/2008 10:00 PM
The Mortgage Bankers Association announced this morning that the number of people applying for a mortgage last week fell 1.5% as compared to the one that preceded it. While applications to purchase a home were flat, applications to refinance an existing mortgage fell 4.2%
Knowing When to Lock Mortgage Rates - Interview With USA Today		8/10/2008 10:00 PM
Knowing when to lock mortgage interest rates is extremely important and something everyone interest in buying a home or refinancing should understand. Today's audio news stories talks about locking rates and what you need to know to make the best decisions.
Federal Reserve Holds Rate at 2%		8/4/2008 10:00 PM
The Federal Open Market Committee (FOMC) announced today that it will maintain its Fed Funds rate at 2.0 percent. This is the rate at which banks loan money to one another, impacts mortgage rates for adjustable rate mortgages and home equity lines of credit.