Bay City Mortgage
Wed, 29 Oct 2008 07:00:28 -0600
by Bay City Mortgage @ Wed, 29 Oct 2008 07:00:28 -0600
(AP) - Two Bay Area women who stole hundreds of thousands of dollars from homeowners facing foreclosure have been found guilty... Associated Press - September 12, 2008 2:34 PM ET HAYWARD, Calif. Borrowers can stay involved with their mortgage dealings by applying for a mortgage online. With traditional mortgages, lenders may not give out enough information, leaving the borrower practically in the dark throughout the whole process....
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Tue, 28 Oct 2008 07:00:10 -0600
by Bay City Mortgage @ Tue, 28 Oct 2008 07:00:10 -0600
Since last year, Michigan has been near the top of a dubious list as the state has been consistently ranked in the top five in personal bankruptcy filings. The good thing about FHA mortgages is that almost anyone can get it. So if you have a satisfactory credit record, enough cash to close the loan and sufficient steady income to make monthly payments without difficulty, then you'll have no trouble getting approved for an FHA mortgage. As a rule of thumb, only people who will reside in the property are eligible for FHA-insured mortgages....
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Mon, 27 Oct 2008 19:00:08 -0600
by Bay City Mortgage @ Mon, 27 Oct 2008 19:00:08 -0600
Mortgage Lending Fell Sharply Last YearWall Street Journal -Sep 11, 2008The two studies were based on data collected under the Home Mortgage Disclosure Act, which examined loans issued by roughly 8600 lenders nationwide, ... Brokers are the ones who help you find lending companies with the best rates. Brokers have a greater access into the best mortgage rate options posted by lending companies. This means that you get a wider selection of loan products and terms for you...
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Mon, 27 Oct 2008 07:00:17 -0600
by Bay City Mortgage @ Mon, 27 Oct 2008 07:00:17 -0600
That minority contractors are not getting in on the major development projects happening in our area. He's holding a public hearing on this Monday.A Rochester City Councilman wants to know if what he is hearing is true. Moreover, asking your lender whether a rate if fixed or adjustable is important when you're on the look out for the best mortgage rate. Remember that adjustable rates, despite their low interest rates, might not have the best mortgage rates. Adjustable rate mortgages only have low interest rates in their first year, after which, rates either tend to go up or go down....
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