Citigroup announces unified 'Citi' brand

Mar 07, 2007

Carteret Mortgage to mandate signed option ARM disclosuresMortgagePress.comOption ARMs Carteret Mortgage Corporation has announced that it will soon be mandating that all option adjustable-rate mortgage (ARM) applicants receive and sign a company-designed disclosure statement that will clearly explain negative amortization and its potential to increase the principal balance of the mortgage. Carteret Mortgage Corporation is a privately held mortgage brokerage based in Centreville, Va. For more information, call (877) 227-8373 or visit www.carteretmortgage.com.

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Mar 07, 2007

Analysis and Data

Mortgage Rates Surpass 7% For First Time This Year

Freddie Mac reported the 30-year fixed-rate mortgage averaged 7.10%.

Freddie Mac today released its Primary Mortgage Market Survey, revealing the 30-year fixed-rate mortgage (FRM) averaged 7.10%, breaching the 7% threshold for the first time this year. “The 30-year fixed-rate mortgage surpassed 7% for the first time this year, jumping from...

Analysis and Data

Existing Home Sales Decline By 4.3% In March

Northeast the only region to see an uptick in sales over prior month, per a new report from the National Association of Realtors

Fewer people bought homes this March than the month before and during March 2023, a new report from the National Association of Realtors (NAR) reveals. Total existing-home sales receded 4.3% from February to a seasonally adjusted annual rate of 4.19 million in March. Year...