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Live Mortgage News
Yahoo! News Search Results for mortgage
Yahoo! News Search Results for mortgage
Mortgage rates slide (CNN Money)
Home mortgage rates retreated last week, with the 30-year fixed slipping to 5.7% from 5.8% the week prior, according to a report from a financial data aggregator released Thursday.

U.S. Mortgage Rates Slip to 5.32% (Fox News)
U.S. mortgage rates dropped in the latest week, a move that bodes well for the hard-hit U.S. housing market, which has been showing signs of a recovery.

Beazer to pay $50M for mortgage fraud (UPI)
CHARLOTTE, N.C., July 2 (UPI) -- U.S. home builder Beazer Homes USA agreed to pay $50 million to settle various mortgage fraud abuse charges, court records show.

Mortgage applications fall to 7-month low (USA Today)
Mortgage applications plunged to a seven-month low last week as demand for home refinancing loans tumbled 30%, data from an industry group showed on Wednesday.

S&P: Global Diversification Keeps Housing And Mortgage Industries In Parallel Declines, Says Report (Thaipr.net)
The global housing industry and mortgage markets continue to decline in parallel as they have since mid-2007, according to a Standard & Poor's Ratings Services report published today. Overall, we expe

Yahoo! News Search Results for real estate
Yahoo! News Search Results for real estate
Japan's Real Estate Trusts Rise from the Abyss (BusinessWeek)
Japan's 40 real estate investment trusts (Reits) are slowly and painfully recovering from their worst experience since they were introduced in 2001. However, some analysts still see major structural problems in the industry.

Real estate sales up, prices soar (Asia News Network)
The real estate market is quickly turning hot. On Monday, for instance, a land parcel along Beijing's Guangqu Road was auctioned off for more than 4 billion yuan ($585 million) after fierce bidding among major developers from the mainland and Hong Kong.

Real estate losses bring down Dallas bank (Fort Worth Star-Telegram)
Dallas-based Millennium State Bank, suffering $47 million in bad commercial real estate loans, was closed Thursday by the Texas Department of Banking. The bank will reopen Monday as a branch of State Bank of Texas, where automatically transferred deposits will continue to be insured by the Federal Deposit Insurance Corp., said FDIC spokesman David Barr. "Essentially, the bank experienced ...

REAL ESTATE (St. Petersburg Times)
Residential real estate In this section you can find different offers on residential real estate from the leading real estate agencies: Apartments for all tastes: standard to luxurious, short or long terms.

REAL ESTATE CATALOGUE (St. Petersburg Times)
In the nearest issue you will find the latest data on commercial, residential and trade premises in St. Petersburg. Fresh information about state of real estate market, tips from the leading consulting companies and much more!

Yahoo! News Search Results for bond market
Yahoo! News Search Results for bond market
Treasury bond market at a glance (AP via Yahoo! News)
Treasury bond market at a glance

Treasury bond market at a glance (AP via Yahoo! Singapore News)
Key barometers in the Treasury market late Thursday, compared with late Wednesday.

Treasury bond market at a glance (San Francisco Chronicle)
Key barometers in the Treasury market late Thursday, compared with late Wednesday. Price changes in the 10-year note and 30-year bond are per $1,000 invested: 10-year bond +3.75 -0.31 30-year bond +0.94 -0.31 ___ Yield Pvs Session 1-month bill 0.15 0.16 3-... Sponsored Topics: Business - Bond market - U.S. Treasury security - Stocks and Bonds - Investing

Market Vectors Family of Municipal Bond ETFs Announces Distributions (Business Wire via Yahoo! Finance)
NEW YORK----The Market Vectors ETF Trust announced regular monthly distributions today for five ETFs within the Market Vectors Family of Municipal Bond ETFs*.

Bond ETFs a Safe Haven On Down Days (Indie Research via Yahoo! Finance)
Major market indexes had a bad day on Thursday, but investments were safe in bond ETFs.

Yahoo! News Search Results for stock market
Yahoo! News Search Results for stock market
Brazil’s Stock Market Posts First Foreign Outflow Since January (Bloomberg)
July 2 (Bloomberg) -- Brazil’s stock market had the first outflow of foreign investment in five months amid concern that the global economy will be slow to recover from its recession.

Emerging Stock Market Funds' Net Inflows Resume - EPFR (Nasdaq)
Emerging stock market funds had net inflows in the week ended July 1, following outflows in the previous week, global fund-tracker EPFR Global said Friday.

Stock market turnover sees marginal increase in '08: Survey (The Economic Times)
With the financial meltdown keeping investors away from the stock market, trading volumes at the country's two leading bourses were impacted in 2008 but managed to see a marginal increase over the year ago.

Stock market rebound may fizzle with poor jobs report (Kitchener - Waterloo Record)
NEW YORK (Jul 2, 2009) -- The stock market's third quarter began on a positive note yesterday after some reassuring data on manufacturing and the housing market. The gains were tempered, though, ahead of today's June jobs report. The Labor Department is expected to show another uptick in the unemployment rate to 9.6 per cent. Growing unemployment has been keeping investors nervous about consumer ...

Stock market 3rd quarter began positive (WAVY TV 10 Portsmouth)
NEW YORK (AP) - The stock market's third quarter began on a positive note after some reassuring data on manufacturing and the housing market. The market's gains were tempered, though, ahead of Thursday's June jobs report.

Yahoo! News Search Results for real estate
Yahoo! News Search Results for real estate
Japan's Real Estate Trusts Rise from the Abyss (BusinessWeek)
Japan's 40 real estate investment trusts (Reits) are slowly and painfully recovering from their worst experience since they were introduced in 2001. However, some analysts still see major structural problems in the industry.

Real estate sales up, prices soar (Asia News Network)
The real estate market is quickly turning hot. On Monday, for instance, a land parcel along Beijing's Guangqu Road was auctioned off for more than 4 billion yuan ($585 million) after fierce bidding among major developers from the mainland and Hong Kong.

Real estate losses bring down Dallas bank (Fort Worth Star-Telegram)
Dallas-based Millennium State Bank, suffering $47 million in bad commercial real estate loans, was closed Thursday by the Texas Department of Banking. The bank will reopen Monday as a branch of State Bank of Texas, where automatically transferred deposits will continue to be insured by the Federal Deposit Insurance Corp., said FDIC spokesman David Barr. "Essentially, the bank experienced ...

REAL ESTATE (St. Petersburg Times)
Residential real estate In this section you can find different offers on residential real estate from the leading real estate agencies: Apartments for all tastes: standard to luxurious, short or long terms.

REAL ESTATE CATALOGUE (St. Petersburg Times)
In the nearest issue you will find the latest data on commercial, residential and trade premises in St. Petersburg. Fresh information about state of real estate market, tips from the leading consulting companies and much more!

Yahoo! News Search Results for housing
Yahoo! News Search Results for housing
Housing group 'needs to improve' (BBC News)
Inspectors tell a housing association which owns hundreds of homes in the Borders it must improve its services.

S&P: Global Diversification Keeps Housing And Mortgage Industries In Parallel Declines, Says Report (Thaipr.net)
The global housing industry and mortgage markets continue to decline in parallel as they have since mid-2007, according to a Standard & Poor's Ratings Services report published today. Overall, we expe

Auckland housing 'green shoot' touted (Stuff)
The latest housing data out of Auckland shows a strong comeback in June, suggesting a pick up in residential construction is just around the corner according to an economist.

Cleveland housing inspector gets land city had paid to clear in 'massive screw-up' (The Cleveland Plain Dealer)
A Cleveland housing inspector last year paid $1,500 at a public auction for about four acres that his employers wanted for public parking and had spent $669,000 in tax dollars to clear. The deal by Robert J. Barnes III,...

Housing agency raises salaries (The Post and Courier)
Many private companies and local governments have turned to layoffs, furloughs and pay cuts to offset declining revenues this year, but the Charleston Housing Authority is running a budget surplus and awarded pay raises to 28 employees this week.

Yahoo! News Search Results for mortgage
Yahoo! News Search Results for mortgage
Mortgage rates slide (CNN Money)
Home mortgage rates retreated last week, with the 30-year fixed slipping to 5.7% from 5.8% the week prior, according to a report from a financial data aggregator released Thursday.

U.S. Mortgage Rates Slip to 5.32% (Fox News)
U.S. mortgage rates dropped in the latest week, a move that bodes well for the hard-hit U.S. housing market, which has been showing signs of a recovery.

Beazer to pay $50M for mortgage fraud (UPI)
CHARLOTTE, N.C., July 2 (UPI) -- U.S. home builder Beazer Homes USA agreed to pay $50 million to settle various mortgage fraud abuse charges, court records show.

Mortgage applications fall to 7-month low (USA Today)
Mortgage applications plunged to a seven-month low last week as demand for home refinancing loans tumbled 30%, data from an industry group showed on Wednesday.

S&P: Global Diversification Keeps Housing And Mortgage Industries In Parallel Declines, Says Report (Thaipr.net)
The global housing industry and mortgage markets continue to decline in parallel as they have since mid-2007, according to a Standard & Poor's Ratings Services report published today. Overall, we expe

 
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OMEGA REALTY & FUNDING
Telephone: (858) 674-4001
Facsimile: (858) 674-4628
16870 W. Bernardo Dr. Ste 400
San Diego, CA 92127

 

 
 
 
 
Newsflash
First Time Buyer Loans! 
 
Many people dream of owning a home but the home loan process can be confusing for many first time home buyers. Mortgage lenders offer first time buyers with many home loan options and assist the buyer in finding the best home loan for them. First time home buyer programs can offer lower interest rates, low down payments, or reduced taxes.

FHA and VA Loans 
First time homebuyers often experience the most difficulty amounting a significant down payment and everyone should have the opportunity to buy a home. For this reason the Federal government has developed two loan programs to assist homebuyers that have a little or no down payment. These programs are called the Federal Housing Administration (FHA) and the Veteran's Administration (VA). These programs are not solely intended for first time home buyers; your home loan advisor will be able to determine if you qualify and if so which program is acceptable for your needs. FHA and VA loans can be especially advantageous when combined with a HFA or MCC first time homebuyer program.

Who is Eligible? 
First time home buyer programs are designed to help borrowers who may not have enough money to pay the full cost of the down payment or the closing costs on a mortgage. These programs make obtaining a mortgage more cost effective. There are even programs specifically for residents of each state. First time home buyer programs are available to those who have not owned a home for the past three years.
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