ADVERTISEMENT



Google       

Home -> Law Blog Directory -> Loan Modification Blogs -> Mortgage Lender Implode-o-Meter

OR PHONE (866) 635-1838 for Bankruptcy Help, (866) 635-6190 for Divorce,
(866) 635-2689 for Personal Injury or (866) 635-9402 for Criminal Defense

Find a Local Lawyer

Bankruptcy (866) 635-1838
Divorce (866) 635-6190
Personal Injury (866) 635-2689
Criminal Defense (866) 635-9402

Bookmark

Loan Modification

: Mortgage Lender Implode-o-Meter

As Mortgage Rates Go Parabolic, Home Prices Will Soon Be Latest Shoe To Re-drop

By Implode-Explode Heavy Industries

ADVERTISEMENTS
``The most recent read on the 30 Year Cash Fannie Mortgage rose by 11 bps overnight, and by a stunning 1% in the last month. At 4.703% the prevailing wholesale mortgage rate is back to the highest it has been since May 2010... the jump has been so powerful that to many the now incremental 10% loss in purchasing power does not make a purchase equitable any more. As a result... home prices will have to decline by about 10% to compensate for the pick up in rates in just the last month. ''

Full post as published by Mortgage Lender Implode-o-Meter on December 16, 2010 (boomark / email).

Bloggers, promote your law blog by nominating your blog for inclusion in USLaw.com's Law Blog Directory and RSS Reader. Benefits described.
Related Law Articles

Whats a Home Loan Modification?
How to Qualify for a Home Loan Modification

Home Mortgages
What to look for

House Closing
Sealing a home sale

Lawsuits and Settlements

Pulte Homes Faces Class Action over Home Prices
Pulte Homes Faces Class Action over Home Prices

Wachovia
Home Owners Launch Mortgage Class Action

KB Home and Countrywide Financial Corp.
allegedly conspired with appraisers to boost housing prices as the market crashed.

Reddy Ice Holdings Inc., Arctic Glacier International Inc., and Home City Ice Co.
allegedly violated federal antitrust laws by fixing prices for packaged cubed, crushed, block, and dry ice in the US and Canada.

National City Mortgage
$4.6 million payout resolves mortgage suit.

SunTrust Mortgage Faces Class Action over Alleged HAMP Breach of Contract
SunTrust Mortgage Faces Class Action over Mortgage Restructuring

Related Searches

























































































































US Law
#1 Online Legal Resource













Your Blog Subscriptions
Subscribe to blogs

10,000+ Law Job Listings
Lawyer . Police . Paralegal . Etc
Earn a law-related degree
Are you the author of this blog? Adding USLaw.com to your Blogroll increases relevance. You qualify to display a USLaw Network badge.
Suggest changes to this blog's description or nominate another for inclusion. Register for updates.


Practice Area
Zip Code:

Contact a Lawyer Now!






0.0128 secs (new cache)