Fixed Mortgage Rates at Six Week Low
30-year fixed-rate mortgage (FRM) averaged 4.27 percent with an average 0.7 point for the week ending April 17, 2014, down from last week when it averaged 4.34 percent. A year ago at this time, the 30-year FRM averaged 3.41 percent. 15-year FRM this week ...
Anworth Announces Preferred Dividends
Anworth Mortgage Asset Corporation ANH announced today that, in accordance with the terms of Anworth’s 8.625% Series A Cumulative Preferred Stock, or Series A Preferred Stock, the board of directors declared a Series A Preferred Stock dividend of $0 ...
Invesco Mortgage Capital Inc. To Announce First Quarter 2014 Results
ATLANTA, April 17, 2014 /PRNewswire/ -- Invesco Mortgage Capital Inc. IVR will announce its first quarter 2014 results on Monday, May 5, 2014 at 9:00 am ET. Scheduled to speak are Richard King, President and Chief Executive Officer; John Anzalone, Chief ...
Primary Capital Mortgage Appoints Industry Veteran as Vice President, Western Region
ATLANTA, April 16, 2014 /PRNewswire/ -- Primary Capital Mortgage (PCM) is pleased to announce the appointment of Sharon Bitz as its new VP, Western Region supporting Wholesale Account Executives as well as Broker and Correspondent business partners in ...
Capstead Mortgage Corporation Schedules First Quarter 2014 Earnings Release and Conference Call
Capstead Mortgage Corporation (NYSE: CMO) announced today that it will release its first quarter 2014 results following the close of trading on the New York Stock Exchange on Wednesday, April 30, 2014. The Company will host a conference call and live audio ...
Canada watchdog offers rules to cut mortgage insurance risk
OTTAWA (Reuters) - Canada's financial regulator issued draft guidelines on Monday for mortgage insurers to reduce risk in the housing market, a move analysts said could make it slightly harder for home buyers to get a loan. The Office of the Superintendent ...
When to pay down your mortgage
It could be a smart move to get out from under your home payments, but first make sure you have your financial ducks in a row. For years, I've been telling you that you likely have better things to do with your money than to prepay a low-rate, tax ...
Getting a mortgage is about to get harder
New mortgage rules are going into effect Jan. 10 to protect homeowners and investors from the kinds of risky mortgages that led so many people into foreclosure. This post comes from Marilyn Lewis at partner site Money Talks News. Mortgage reform is kicking ...
Should you pay off your mortgage quickly?
Paying down your mortgage faster can seem smart -- it's always a good idea to pay off your debts as soon as possible, right? Not always. Making extra payments on your mortgage? Many people do — they’re anxious to get that mortgage paid down as quick ...
Bank of America's mortgage crisis costs become a recurring problem
(Reuters) - Bank of America Corp's mortgage pain is lasting longer than expected, leading some investors to wonder if the massive expenses being incurred have become a recurring cost of doing business instead of being dismissed as one-time items.
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