Tough Collector

Charles Ward fell behind on his mortgage in September, just as his late wife began a losing battle with lung cancer and her medical costs soared. His lender seized his $2,958 federal tax refund and has taken a $131 bite from each of his last four monthly Social Security checks. “What little money I had Read more about Tough Collector[…]

Mortgage Rates Should Be Even Lower

Mortgage rates lowest ever recorded. But by a historical measure, they should be even lower. During the last years, a wide gap between the mortgage rate hunters and a benchmark interest rate investors demand to buy bonds backed by home loans. Normally, this would obscure metric of interest to bankers, brokers and dealers in securities Read more about Mortgage Rates Should Be Even Lower[…]

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