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Live Mortgage News
Yahoo! News Search Results for mortgage
Yahoo! News Search Results for mortgage
U.S. indicts Md. man in mortgage fraud (UPI)
GREENBELT, Md., March 9 (UPI) -- Authorities Tuesday arrested a Maryland man in what the Department of Justice called a massive mortgage fraud scheme that left victims homeless.

Mortgage 'Half' Payments: How Much Do They Save? (The Christian Science Monitor)
One frequent question I’m often asked is whether or not paying half of a mortgage payment twice a month versus paying a full mortgage payment once a month is actually worthwhile.

Fannie Mae Mortgage-Bond Spreads Fall to Record: Credit Markets (Bloomberg)
March 9 (Bloomberg) -- Yields on Fannie Mae and Freddie Mac mortgage securities that guide U.S. home-loan rates fell to the lowest relative to Treasuries on record, even as the scheduled end of Federal Reserve purchases approaches.

TCW Returns to Mortgage Bonds It Sold After Declines (Update1) (Bloomberg)
March 9 (Bloomberg) -- TCW Group Inc., the money manager whose staff was shaken up as it fired its chief investment officer in December, has become a buyer of the types of government-backed mortgage securities it rushed to sell earlier this year.

TCW Returns to Mortgage Bonds It Was Selling After Prices Fall (Bloomberg)
March 9 (Bloomberg) -- TCW Group Inc., the fund manager whose staff was shaken up as it fired its chief investment officer in December, has become a buyer of the types of government-backed mortgage securities it was rushing to sell early this year.

 Yahoo! News Search Results for real estate
Yahoo! News Search Results for real estate
Apollo Management Said to Buy Citigroup Real Estate Unit (Bloomberg)
March 9 (Bloomberg) -- Apollo Management LP agreed to buy Citigroup Inc.’s real estate investment unit, according to a person with knowledge of the deal.

China Real Estate 4Q profit surges on heels of IPO (AP via Yahoo! Finance)
China Real Estate Information Corp., whose U.S.-traded shares debuted in October, said Tuesday that its fourth-quarter profit rose six-fold on rising demand for its database and consulting services and the big acquisition late last year.

Attorney Richard D. Vetstein's The Massachusetts Real Estate Law Blog Cracks Top 100 List (redOrbit)
FRAMINGHAM, Mass., March 9 /PRNewswire/ -- The nationally acclaimed The Massachusetts Real Estate Law Blog created by real estate attorney Richard D.

Appeal allowed for real estate agent (Newstalk ZB via Yahoo!Xtra News)
A Wellington real estate agent has been discharged without conviction, nearly six years after misleading a buyer on price.

The 4 Biggest Lies in Real Estate (MalaysiaNews.net)
Digital photos and video have been a godsend for real estate agents, homebuyers and sellers, enticing prospects to drool over images of Viking ranges, sparkling pools and lush lawns. Lately, agents ha...

 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! Finance)
Key barometers in the Treasury market late Tuesday, compared with late Monday. Price changes in the 10-year note and 30-year bond are per $1,000 invested: 10-year bond 0.94 -2.81 30-year bond 0.94 -6.25 ------ Yield Pvs Session 1-month bill 0.10 0.10 3-month bill 0.14 0.14 6-month bill 0.20 0.20 2-year note 0.88 0.90 5-year note 2.34 2.37 10-year note 3.71 3.72 30-year bond 4.68 4.69 Inflation ...

Treasury bond market at a glance (AP via Yahoo! Finance)
Key barometers in the Treasury market late Monday, compared with late Friday. Price changes in the 10-year note and 30-year bond are per $1,000 invested: 10-year bond -2.81 -6.56 30-year bond -6.25 -13.75 ------ Yield Pvs Session 1-month bill 0.10 0.09 3-month bill 0.14 0.14 6-month bill 0.20 0.19 2-year note 0.90 0.91 5-year note 2.37 2.35 10-year note 3.72 3.69 30-year bond 4.69 4.65 Inflation ...

Treasury bond market at a glance (San Francisco Chronicle)
Key barometers in the Treasury market late Tuesday, compared with late Monday. Price changes in the 10-year note and 30-year bond are per $1,000 invested: 10-year bond 0.94 -2.81 30-year bond 0.94 -6.25 ___ Yield Pvs Session 1-month bill 0.10 0.10 3-month... United States Treasury security - Bond market - Business - Investing - Stocks and Bonds

New-Issue Floodgates Reopen In Corporate Bond Market (MalaysiaNews.net)
-(Dow Jones)- The supply floodgates in the corporate bond market reopened Monday, after a brief drought caused by concern over the economic recovery in the U.S. and, before that, sovereign debt prob...

 Yahoo! News Search Results for stock market
Yahoo! News Search Results for stock market
Stock market rebound shows its age at 1-year mark (AP via Yahoo! News)
A year after the stock market hit bottom and began a spectacular comeback, it's getting harder to dazzle investors.

Whitney Tilson: Stock Market Valuation Level is Stretched, But Not a Good Time To Short Either (Guru Focus)
By guruek. Today marks the anniversary of the 2009 March 9 market low and apparently people think that is significant. Whitney Tilson managing partner T2 Partners went to CNBC to discuss what is ahead for the stock market. Read more » »

Stock indexes move lower on anniversary of market lows; oil, gold fall back (The Canadian Press via Yahoo! Canada News)
TORONTO - The Toronto stock market was lower for a second session Tuesday morning as oil and metal prices declined.

Stock market investors claw their way back (San Francisco Chronicle)
Investors who had the guts to invest in U.S. stocks one year ago today are feeling pretty smug now. As well they should. Unless things take another major turn for the worse, March 9, 2009, will mark the bottom of one of the worst bear markets in history. The... Stock market - Market trend - Business - United States - Stocks and Bonds

Stock market: Stocks rise on anniversary of bear-market low (USA Today)
Stocks advance in a tight range Tuesday, a year after major market indexes hit 12-year lows.

 Yahoo! News Search Results for real estate
Yahoo! News Search Results for real estate
Apollo Management Said to Buy Citigroup Real Estate Unit (Bloomberg)
March 9 (Bloomberg) -- Apollo Management LP agreed to buy Citigroup Inc.’s real estate investment unit, according to a person with knowledge of the deal.

China Real Estate 4Q profit surges on heels of IPO (AP via Yahoo! Finance)
China Real Estate Information Corp., whose U.S.-traded shares debuted in October, said Tuesday that its fourth-quarter profit rose six-fold on rising demand for its database and consulting services and the big acquisition late last year.

Attorney Richard D. Vetstein's The Massachusetts Real Estate Law Blog Cracks Top 100 List (redOrbit)
FRAMINGHAM, Mass., March 9 /PRNewswire/ -- The nationally acclaimed The Massachusetts Real Estate Law Blog created by real estate attorney Richard D.

Appeal allowed for real estate agent (Newstalk ZB via Yahoo!Xtra News)
A Wellington real estate agent has been discharged without conviction, nearly six years after misleading a buyer on price.

The 4 Biggest Lies in Real Estate (MalaysiaNews.net)
Digital photos and video have been a godsend for real estate agents, homebuyers and sellers, enticing prospects to drool over images of Viking ranges, sparkling pools and lush lawns. Lately, agents ha...

 Yahoo! News Search Results for housing
Yahoo! News Search Results for housing
Shanghai Housing Prices Drop 10% in 1st Week March, News Says (Bloomberg)
March 10 (Bloomberg) -- Shanghai’s average housing sale price dropped 10 percent to 18,549 yuan per square meter in the first week of March from the previous week, Shanghai Securities News reported, citing Shenzhen World Union Properties Consultancy Co.

Biden Condemns Israel’s East Jerusalem Housing Plan (Update1) (Bloomberg)
March 9 (Bloomberg) -- Vice President Joe Biden condemned Israel’s announcement that it plans to construct new housing in East Jerusalem, saying it threatens to undermine efforts to restart the peace process.

Lack of housing will 'challenge recovery' (Perth Now)
AUSTRALIA is facing an undersupply of housing that isn't meeting the demands of a growing population, an RBA official says.

Housing finance fall may stop rate hikes (Brisbane Times)
A larger than expected fall in housing finance commitments could stay the Reserve Bank's hand and spare borrowers another interest rate rise, economists say.

Lack of housing will 'challenge recovery' (Daily Telegraph)
AUSTRALIA'S under-supply of housing isn't meeting needs of the population, Reserve Bank says.

 Yahoo! News Search Results for mortgage
Yahoo! News Search Results for mortgage
U.S. indicts Md. man in mortgage fraud (UPI)
GREENBELT, Md., March 9 (UPI) -- Authorities Tuesday arrested a Maryland man in what the Department of Justice called a massive mortgage fraud scheme that left victims homeless.

Mortgage 'Half' Payments: How Much Do They Save? (The Christian Science Monitor)
One frequent question I’m often asked is whether or not paying half of a mortgage payment twice a month versus paying a full mortgage payment once a month is actually worthwhile.

Fannie Mae Mortgage-Bond Spreads Fall to Record: Credit Markets (Bloomberg)
March 9 (Bloomberg) -- Yields on Fannie Mae and Freddie Mac mortgage securities that guide U.S. home-loan rates fell to the lowest relative to Treasuries on record, even as the scheduled end of Federal Reserve purchases approaches.

TCW Returns to Mortgage Bonds It Sold After Declines (Update1) (Bloomberg)
March 9 (Bloomberg) -- TCW Group Inc., the money manager whose staff was shaken up as it fired its chief investment officer in December, has become a buyer of the types of government-backed mortgage securities it rushed to sell earlier this year.

TCW Returns to Mortgage Bonds It Was Selling After Prices Fall (Bloomberg)
March 9 (Bloomberg) -- TCW Group Inc., the fund manager whose staff was shaken up as it fired its chief investment officer in December, has become a buyer of the types of government-backed mortgage securities it was rushing to sell early this year.
 
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OMEGA REALTY & FUNDING
Telephone: (858) 674-4001
Facsimile: (858) 674-4628
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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. more...
 
 
 
 
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