Home loan borrowing costs have been mostly easing since late last year, after the average rate on a 30-year mortgage climbed to 7.79%.
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Posted inBusiness, Maine, News
Maine high court ruling corrects foreclosure loophole; critics say it weakens homeowner protections
Previously, if a lender made a mistake when sending a default letter to a borrower, the mortgage was deemed unenforceable, leaving the borrower with a free house.
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Posted inBusiness, Nation / World, News
Why your mortgage payment went up – and what you can do about it
Rising home values and insurance premiums have caused unusually dramatic increases for some homeowners in recent years.
Posted inBusiness, Maine
Maine to receive $30,000 from mortgage processing snafu
ACI Payments mistakenly withdrew billons of dollars from mortgage holders during a software test.