From Freddie Mac's weekly survey: Jumping 11 basis points, the 30-year fixed rate is at its highest level since February 2011, averaging 4.94 percent. The 15-year fixed jumped 10 basis points, averaging 4.33 percent.The Mortgage Bankers Association reported a 4 percent decrease in loan application volume from the previous week.
The Trump administration is planning to suspend routine examinations of lenders for violations of the Military Lending Act, which was devised to protect military service members and their families from financial fraud, predatory loans and credit card gouging, according to internal agency documents. If an active duty member of the military falls for a deceptive…
Nobody likes to see an abandoned hospital. For residents of Patrick County, having no hospital means at least a 35 mile drive to either Martinsville or Rocky Mount for treatment. Foreclosure News
And while the real estate agent and Onslow County Commissioner refers to foreclosures as a fact of life in Jacksonville, the rate has still improved significantly. Foreclosure News
Netflix has filed a complaint against Relativity Media , accusing the studio of violating terms of its multiyear contract to provide exclusive content to the streaming service. The streaming service claims that five Relativity films licensed exclusively to Netflix wound up on competing services, including Amazon and Starz, in breach of the exclusivity agreement. Foreclosure…
Soon, the former bankrupt city will become the first in the country to participate in a test of Universal Basic Income, also known as UBI. Stockton will give 100 residents $ 500 a month for 18 months, no strings attached. Foreclosure News
The first “Heroes In Need” donation drive is continuing through July 17th. The goal of this charity is to assist American Veterans from all wars and conflicts get through challenges returning after serving our nation. Foreclosure News
