Mortgage rates are dropping thanks to news that the Federal Reserve will buy another $750 billion in mortage backed securities. Read the press release here.
Bottom line: good news for those in a position to buy a home in the Seattle area.
Archive for March 18th, 2009
Mortgage rates drop thanks to Fed announcement
Posted in Real Estate News on March 18, 2009 | Leave a Comment »
ING Bank files lawsuit for alleged local fraud scheme
Posted in Real Estate News on March 18, 2009 | Leave a Comment »
Finally, it appears some people may start “paying” for the ridiculous amount of fraud that took place in the real estate and mortgage industry over the last few years.
ING Bank, the nation’s second-largest thrift, has filed an unusual racketeering lawsuit in federal court, alleging a criminal conspiracy by a local escrow agent, a mortgage broker and [...]
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Recent Posts
- New Website Offers Guidance on Mortgage Questions
- Freddie Mac survey shows interest rates near record lows
- Mortgage rates drop thanks to Fed announcement
- ING Bank files lawsuit for alleged local fraud scheme
- Fixed Rate Mortgage Report for February
- What is a mortgage “Cramdown”
- The New Obama Swing Set
- Open Houses This Sunday, March 8th
- Don’t Forget Daylight Savings Time
- FSBO Sales Fall
- Americans Find Comfort In Owning A Home
- Fannie Mae Changes Investor Loan Limits
- Sunday Open House Traffic Picks Up
- Fixed Rate Mortgage Report for January
- 2008 Northwest MLS Wrap-up
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