Tag Archives : real estate news

US Homeowners are Warned about Expected Loan Rate Rise

US Homeowners are Warned about Expected Loan Rate Rise

It is anticipated that US home loan rates could rise by as much as three-quarters of a percentage point as soon as April. The Federal Reserve in the US has signaled that by the end of March it will end up its mortgage bonds purchase…

FBI says, U.S. mortgage Fraud Hit $1.4 billion

FBI says, U.S. mortgage Fraud Hit $1.4 billion

Mortgage fraud loses of at least $1.4 billion in 2008 has been reported by the U.S. financial institutions , there has been a rise of 83.4 per cent over 2007, said by the FBI.Further the FBI said that, according to the Federal Bureau of Investigation’s 2008 Mortgage Fraud Report that has been released on Tuesday, during fiscal year (FY) 2008…

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