mortgage rates slide to record lowsmortgage rates continue to drop well below 4 percent. the average rate for a 30 year fixed rate mortgage declined 2 basis points to 3.83 percent since last week, the lowest value on on record for this mba series. the purchase application volume declined 3.0 percent and the refinance application increased 5.6 percent over the same period.emc mortgage sued by securitization trust in new yorkthe trust financed the purchase of residential mortgages by issuing certificates that were to be repaid with interest from revenue generated from the loans, according to the court document.44% of cook county homes with a mortgage are underwateralmost 667,000 homes with a mortgage in the seven-county chicago area were underwater on their mortgages in march -- and 13 percent of those homeowners were also delinquent on their mortgage payments by three months or more.mortgage foreclosuresthese are mortgage foreclosures filed with the civil division of the circuit court in november. names in bold are the subject of or have an interest in the foreclosure action. lighter names filed the foreclosure action. |
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