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Mortgage News
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Petrobras sells 64 bln dlrs of stock to fund oil exploration (AFP) <p>AFP - Brazil's Petrobras unveiled one of the world's biggest share offerings Friday, a sale of up to 64 billion dollars in new stock to finance oil exploration aimed at turning Brazil into a leading oil exporter of the 21st century. Big Deal: The Weird World of L.L.C. Names The wealthy and celebrities often buy property under limited liability companies, often with whimsical names. Square Feet | The 30-Minute Interview: Ronald D. Sernau Questions for a principal of the law firm Proskauer Rose and a co-chairman of the firm’s real estate division. Real Estate Q & A A parking space that comes with the lease; a condo building with no emergency reserve fund; a landlord’s liability in a burglary; dealing with fees on security deposits. Mortgages: As Pay Falls, Borrowers Lose Ground One in eight homeowners had household debt exceeding half the monthly income in 2008, a recent report says. MGIC added $1.2B in mortgage coverage in August (AP) AP - Private mortgage insurer Mortgage Guaranty Insurance Corp. said Friday it added $1.2 billion in new primary insurance coverage in August and the number of delinquent loans it insures declined. Finding what clicks in real estate Agent Reboot Speaker Profile: Mariana Wagner read more Pending real estate sales inch up in July West sees biggest month-to-month rise read more Summary Box: Mortgage rates hit low of 4.32 pct. (AP) AP - RECORD LOWS: Mortgage rates fell to the lowest levels in decades for the tenth time in 11 weeks, mortgage buyer Freddie Mac said Thursday. The average rate for a 30-year fixed loan was 4.32 percent. The 15-year fixed loan hit 3.83 percent. How to Get a Government-Backed, Zero-Down-Payment Mortgage (U.S. News & ... U.S. News & World Report - More than four years after real estate values peaked, the historic plunge in home prices remains fresh in the minds of mortgage lenders. After taking painful losses on delinquent home loans, banks have imposed tougher standards--such as increased credit scores and higher down payment requirements--on applicants of all stripes. And as investors fled for the hills, the exo... continues Mortgage Loan Counselor.com | Mortgages | |
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