10 Year Fixed Mortgage Rates

If you are looking for the security of a fixed rate mortgage and are planning on paying off your loan quickly, then a 10 year mortgage might be the right program for you. 10 Year fixed rate loans tend to be the lowest of all fixed rate products. You may also save a tremendous amount of interest over the life of the loan due to the shortened duration of the mortgage and rapid pay down of principal. If you can afford the payments, then we say ''go for it''. Let's take a look at some of the numbers:

13 Mar 2013 , According to PRWeb

HSH.com releases its latest Weekly Mortgage Rates Radar showing a sizable increase in mortgage rates from the previous week. The Weekly Mortgage Rates radar reports the average rates and points offered by lenders for the two most popular types of mortgages, the conforming 30-year fixed-rate mortgage and the conforming 5/1 adjustable-rate mortgage (ARM).


08 Mar 2013 , According to PRWeb

Karen Menza hired as new Regional Operations Manager

Walpole, MA (PRWEB) March 08, 2013

Mortgage Master, a super-regional mortgage bank and one of the Country’s largest privately-owned mortgage companies, today announced the hiring of Karen Menza as Regional Operations Manager to lead the company’s Midwest operation team.


04 Mar 2013 , According to Louise Egan | Reuters

OTTAWA (Reuters) - Canadian Finance Minister Jim Flaherty warned the country's banks on Monday not to engage in the kind of risky lending that led to the U.S. housing crisis, after Bank of Montreal cut a popular mortgage rate back to a near-record low.

Record-high household debt, fueled partly by ultra-low borrowing costs, remains a nagging concern for Flaherty even as Canada's once-hot housing market starts to cool.


05 Feb 2013 , According to DANIEL WAGNER and CHRISTINA REXRODE | Associated Press


WASHINGTON (AP) — The Obama administration on Tuesday accused Standard & Poor's of refusing to warn investors that the housing market was collapsing in 2006 because it would be bad for business.




26 Feb 2013 , According to

NEW YORK (AP) — JPMorgan will trim about 19,000 <span class="yshortcuts" "="">jobs over the next two years but cast a positive spin on the news: It is shrinking the unit it had beefed up to handle troubled mortgages.

The bulk of the cuts, about 15,000, will come at the mortgage unit, which had swelled to about 50,000 workers from a pre-financial crisis roster of 20,000 because the bank needed more people to process defaulted mortgages. The bank said it hopes to find jobs in other parts of the company for displaced workers through a "redeployment" program.


26 Feb 2013 , According to CHRISTOPHER S. RUGABER | Associated Press

WASHINGTON (AP) — U.S. new-home sales jumped in January from the previous month to the highest level since July 2008, a sign that the housing recovery is accelerating.

The Commerce Department said Tuesday that new-home sales rose nearly 16 percent in January to a seasonally adjusted annual rate of 437,000. The percentage increase was the largest in nearly 20 years. And December's sales were revised higher to 378,000 from 369,000.


20 Feb 2013 , According to PRWeb

International City Mortgage, a privately held residential mortgage direct lender since 1987, announces the opening of its newest retail branch office, naming local industry professional Chris Swartz as manager.

COSTA MESA, CA (PRWEB) February 20, 2013

International City Mortgage (ICM) today announced that it has opened a new retail loan origination branch in Costa Mesa, CA to serve the residential home loan needs of homebuyers and homeowners in Costa Mesa and surrounding communities.


21 Feb 2013 , According to Meg Kinnard, Associated Press | Associated Press

COLUMBIA, S.C. (AP) -- An Army sergeant based in South Carolina has filed a federal lawsuit accusing a mortgage company of not obeying a law that requires limits on interest rates for active-duty members of the military.

Raymond Wray is a staff sergeant based at Fort Jackson in Columbia, according to a lawsuit filed late last year in federal court in South Carolina. In his initial filing, Wray says he bought a house in North Carolina in 1997, taking out a $68,000 mortgage at a 12.99 percent interest rate. When Wray enlisted in the U.S. Army two years later, he says he asked CitiMortgage, which is based in O'Fallon, Mo., and had bought his loan, to lower his rate because of his military service.


30 Jan 2013 , According to PRWeb

As part of their strategic growth initiative of adding jobs to the Hampton Roads area, Atlantic Bay recently united with veteran Mortgage Banker, Cindy Cutler.


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