California Home Loan 360

WASHINGTON - Rates on 30-year mortgages sank this week to their lowest point since late May, providing a little ray of sunlight for would-be home buyers.

LONG BEACH - Leaders of the California Association of Mortgage Brokers urged lenders to be more responsive to borrowers in trouble on their mortgages at a news conference Thursday at their state convention.

LONG BEACH - Leaders of the California Association of Mortgage Brokers urged lenders to be more responsive to borrowers in trouble on their mortgages at a news conference Thursday at their state convention.

LONG BEACH - Leaders of the California Association of Mortgage Brokers urged lenders to be more responsive to borrowers in trouble on their mortgages at a Thursday press conference at their state convention.

LONG BEACH - Leaders of the California Association of Mortgage Brokers urged lenders to be more responsive to borrowers in trouble on their mortgages at a Thursday press conference at their state convention.

In a Credit Crisis, Large Mortgages Grow CostlyBlueRidgeNow.com, NC - Aug 12, 2007“In California, it has shut down the purchase market,” said Jeff Jaye, a mortgage broker in the Bay area. “It has shut down the refi market. ...

WASHINGTON - Rates on 30-year mortgages sank this week to their lowest point in two months, a dose of good news for people thinking about buying a home.

Widening disruptions affect mortgage insurers and lenders to people with poor credit. The widening sub-prime meltdown spread more pain Monday as the financial markets absorbed reports from a number of companies of problems stemming from mortgages issued to people with poor credit:

WASHINGTON - Rates on 30-year mortgages dipped slightly this week as evidence grew of more troubles in the slumping housing market.