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Agent Blog: Mortgage

Foreclosure Rates Decline

The delinquency rate for mortgage loans on one-to-four unit residential properties decreased to a seasonally adjusted rate of 6.39 percent of all loans outstanding at the end of the fourth quarter of 2013, the lowest level since the first quarter of 2008.... Read more

2014 Mortgage fee hike postponed

The rise in mortgage fees scheduled to take effect April 1, 2014 has been postponed, according to Mel Watt, incoming chief of the Federal Housing Finance Agency. The fees would have affected borrowers pursuing Fannie Mae and Freddie Mac backed loans. Rea... Read more

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