Mortgage Applications Surge With Large Drop In Mortgage Rates

December 5, 2008

Last week, the number of Americans applying for mortgages surged over the previous week, according to a report released today by the Mortgage Bankers Association (MBA).

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Homeowners for the Holidays – The Best Gifts for Buyers and Sellers

December 5, 2008

With Thanksgiving just days past us and “Black Friday,” another memory of furious crowds and shopping mayhem, the holiday season is officially upon us. This year with the market still under duress, it won’t come as a surprise when families turn to practical gifts rather than gifting lavish luxuries.

Read more

Very Low Mortgage Rates and Stronger Purchase Activity Drive Mortgage Applications Up

December 5, 2008

Last week, due to a huge drop in mortgage rates, the number of Americans applying for mortgages increased slightly over the previous week, according to a report released today by the Mortgage Bankers Association (MBA).

Read more

Mortgage Rates Drop on News of Fed’s $800 Billion Housing Plan

December 5, 2008

Get ready for an early holiday present, dear consumers.

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Existing Home Sales Decline Despite Homes Becoming More Affordable

December 5, 2008

The National Association of Realtors announced today that existing home sales in October were down 3.1 percent as compared to September 2008.

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Home Improvements May Come With Tax Credits

December 5, 2008

Making home improvements? With economic and election news dominating recent headlines, you might have missed some important information affecting homeowners like you. Most importantly, several tax credits for certain home improvements were just added or renewed. Make sure you are taking advantage of all of these home improvement tax credits!

Read more

Mortgage Applications Drop, Despite an Increase in Refinancing, in Latest Report

December 5, 2008

The number of Americans seeking a mortgage to purchase a home fell, while applications for those seeking to refinance increased, according to this morning’s Market Composite Index, released by the Mortgage Bankers Association (MBA).

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Government Announces Loan Modification & Foreclosure Prevention Plan

December 5, 2008

On Tuesday, the Bush Administration laid out a plan to rescue struggling homeowners and put an end to the crippling housing market. The plan is based around the mortgages held by now government-run Fannie Mae and Freddie Mac. The details of the plan are as follows…

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Mortgage Applications Surge in Latest Report, Americans Turning to Security of FHA loans

December 5, 2008

Americans are showing a renewed interest in refinancing their mortgages and purchasing new homes according to this morning’s Market Composite Index, released by the Mortgage Bankers Association (MBA).

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VA Loans are the Top Mortgage Choice for Veterans and Military

December 5, 2008

Today is Veterans Day and it’s a special time for the millions of American men and women who have served (or still serve) in the U.S. Military. One of the top military benefits is the VA loan and here is why.

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Consumer Credit Declines as Borrowing for Autos Slows

December 5, 2008

More evidence that consumers are having a difficult time obtaining credit was released by the Federal Reserve on Friday. For the second time in three months, consumer credit declined compared to the previous year, and interest rates for car loans rose…(read more)

Mortgage Delinquency Rate Climbs to New Record High in Q3

December 5, 2008

Mortgage delinquencies for U.S. homes in the third quarter of 2008 rose to 6.99% from the previous quarter to 6.41% of all loans outstanding, marking a new record 29-year high, according to the Mortgage Bankers Association's (MBA) National Delinquency…(read more)

Banks to Lend More as Confidence Returns

December 5, 2008

In a speech to the Mortgage Bankers Association on Friday, Assistant Treasury Secretary in change of the TARP, Neel Kashakri , said that banks will continue to supply credit as confidence returns to the markets. "In just over one month, we have disbursed…(read more)

bank commerce

December 5, 2008


Commercial bank offers consumer and corporate services in Central Massachusetts.Providing banking services to residents of Greenwood, Mississippi.Bank holding company with subsidiary which performs commercial banking operations and other related financial activities. (Nasdaq: VCBI).Bank holding company with subsidiary which performs commercial banking operations and other related financial activities. (Nasdaq: COBH).Provides personal and business banking in Redding and Roseville, California.A fi

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Mortgage Applications Surge With Large Drop In Mortgage Rates

December 5, 2008

Last week, the number of Americans applying for mortgages surged over the previous week, according to a report released today by the Mortgage Bankers Association (MBA).

Read more

Homeowners for the Holidays – The Best Gifts for Buyers and Sellers

December 5, 2008

With Thanksgiving just days past us and “Black Friday,” another memory of furious crowds and shopping mayhem, the holiday season is officially upon us. This year with the market still under duress, it won’t come as a surprise when families turn to practical gifts rather than gifting lavish luxuries.

Read more

Very Low Mortgage Rates and Stronger Purchase Activity Drive Mortgage Applications Up

December 5, 2008

Last week, due to a huge drop in mortgage rates, the number of Americans applying for mortgages increased slightly over the previous week, according to a report released today by the Mortgage Bankers Association (MBA).

Read more

Mortgage Rates Drop on News of Fed’s $800 Billion Housing Plan

December 5, 2008

Get ready for an early holiday present, dear consumers.

Read More

Read more

Existing Home Sales Decline Despite Homes Becoming More Affordable

December 5, 2008

The National Association of Realtors announced today that existing home sales in October were down 3.1 percent as compared to September 2008.

Read More

Read more

Home Improvements May Come With Tax Credits

December 5, 2008

Making home improvements? With economic and election news dominating recent headlines, you might have missed some important information affecting homeowners like you. Most importantly, several tax credits for certain home improvements were just added or renewed. Make sure you are taking advantage of all of these home improvement tax credits!

Read more

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