Texas Home Mortgage News

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• Leisure Living: Reverse mortgages more popular  Washington Post - Jun 06 11:25 AM -- The distinguished voice on the radio advertisement pitching reverse mortgages has a familiar ring: Yes, that's James Garner, the venerable television and film actor.



• Wealthy go to private banks for mortgages  Financial Times - 1 hour, 16 minutes ago Wealthy borrowers seeking large mortgages are increasingly turning to private banks after being rejected or priced out by high-street lenders. Private banks have traditionally been small players in the mortgage market as they failed to offer the cut-price deals given by the more mainstream lenders.



• Rates on 30-year mortgages rise to three-month high  The Times of Northwest Indiana - 52 minutes ago WASHINGTON | Rates on 30-year mortgages edged up this week to the highest level since March as investors worried about inflation threats.



• Leisure Living: Reverse mortgages more popular  AP via Yahoo! Singapore News - Jun 06 10:11 AM The distinguished voice on the radio advertisement pitching reverse mortgages has a familiar ring.



• 30-year mortgages up slightly  Chicago Sun-Times - Jun 06 2:11 AM The average for a 30-year fixed-rate mortgage increased 0.01 percent last week to 6.09 percent, mortgage company Freddie Mac said Thursday. It was the highest mark for 30-year mortgages since March 16.

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