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mortgage rates continue to drop well below 4 percent. the average rate for a 30 year fixed rate mortgage declined 2 basis points to 3.83 percent since last week, the lowest value on on record for this mba series. the purchase application volume declined 3.0 percent and the refinance application increased 5.6 percent over the same period.
on 5/29/12, timbercreek mortgage investment corp (toronto: tmc) will trade ex-dividend, for its monthly dividend of $0.067, payable on 6/15/12. as a percentage of tmc's recent stock price of $10.60, this dividend works out to approximately 0.63%. click here to find out which 9 other canadian stocks going ex-dividend you should know about, at dividendchannel.com "
steps to boost credit score when a mortgage is the goal
getting a mortgage? check your credit reports, pay down balances, consider closing cards and sit down with a lender for a review
44% of cook county homes with a mortgage are underwater
almost 667,000 homes with a mortgage in the seven-county chicago area were underwater on their mortgages in march -- and 13 percent of those homeowners were also delinquent on their mortgage payments by three months or more.
