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Lender Solutions | Blog

Read the latest news on lending.

Will Refinancing Get Easier?

A few days ago, President Obama announced that he plans to heal the wounding American economy by pushing the Congress to pass the Home Affordable Refinance Program. The bill will help ‘responsible’ homeowners refinance their mortgages at a much lower rate and will amount to

Current Trend in Foreclosure Rates

According to a report by RealtyTrac® Inc., 1 in 666 housing units received a foreclosure filing in June 2012. This increase in foreclosure was seen in almost 60% of larger cities in the U.S., and is an indication that there will be many homes on

Mortgage Rate Dip Again

On one hand we have hints of an improving economy but on the other we have news from Freddie Mac that the 30-year mortgage rates have hit rock bottom, at least close to that. They are at a new low of 3.49 %, which is

Made-in China

We recently came across a piece of news, which said that Chinese banks had been given the permission to buy major stakes with their American counterparts. These deals have been signed between the U.S. and China hoping to strengthen the business relationships between the two