Even if a borrower has good credit, there may be other stumbling blocks on the road to your 30-year fixed mortgage, according to the Wall Street Journal. Plus, other housing- and mortgage-related news links.
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Follow the Money Links: How hard is it to get a mortgage these days? (The Kalamazoo Gazette)
FreeRateUpdate.com Jumbo Loan Rates: Jumbo Mortgage Rates Suffer from Delinquencies Near 10% FreeRateUpdate.com Prime (good credit) jumbo mortgage delinquencies of 60 days or more rose to 9.6% in January. About 66% of these jumbo loans are in 5 states alone, … Jumbo Mortgage 'Serious Delinquencies' Rise to 9.6% BusinessWeek Prime jumbo loan delinquencies still rising, report shows Los Angeles Times (blog) Fitch Says Prime Jumbo RMBS Near 10% Delinquent Housing Wire all 13 news articles
