Refinancing Your Home

The Latest News and Developments For
Home Mortgages in Connecticut

Home Mortgages Latest Breaking News

• A tale of two Das: Citi CEO, academic and mortgages Reuters via Yahoo! News - Feb 24 11:19 AM Sanjiv Ranjan Das, a professor at California's Santa Clara University, last fall attacked the problem of "underwater" mortgages often cited as an Achilles' heel to the U.S. housing market.
  
  
• High-Scoring Borrowers Pay Cards Ahead of Mortgages (Correct) BusinessWeek - 3 minutes ago Consumers with high credit scores are more likely to default on mortgages than credit-card loans, said FICO, maker of the scoring formula most widely used by U.S. lenders.
  
  
• Nearly 25% of all mortgages are underwater CNNMoney.com via Yahoo! Finance - Feb 24 5:14 AM More bad news on the housing bust front: Nearly 25% of all mortgage borrowers were underwater, meaning they owe more on their loans than their homes are worth.
  
  
• Riksbank's Svensson: Housing Prices, Mortgages Should Not Affect Monetary Policy INO News - Feb 24 6:24 AM (RTTNews) - Housing prices and mortgages do not comprise stability problems and should not affect monetary policy, Riksbank Deputy Governor Lars Svensson said Wednesday.
  
  
• Rules to qualify for mortgages changed Okotoks Western Wheel - Feb 24 9:38 AM New rules for mortgages will help protect first-time homebuyers, but will also make it more difficult to get into the real estate investment market, say market insiders.
  
  

We are now offering a Pre-Qualification Letter that will allow the borrower to purchase or refinance with confidence.

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