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Hispanic Business Magazine (Free subscription) | yesterday
Mortgage rates shot up this week with 30-year mortgages climbing to the highest level in nearly a year, reflecting concerns in financial markets about the troubles at corporate giants Fannie Mae and Freddie Mac....
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CBS 4 - South Florida's Source for (Free subscription) | 4 hours ago
Sales of new homes fell in June for the seventh time in the past eight months, and the number of households facing the foreclosure process more than doubled in the second quarter compared to a year ago, according to data released Friday.
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Hispanic Business Magazine (Free subscription) | yesterday
WASHINGTON (UPI via COMTEX) -- Interest rates for 30-year, fixed-rate mortgages rose in the United States in the last week, the Federal Home Loan Mortgage Corp. said Thursday. The 30-year, fixed-interest rate averaged 6.63 percent with an average 0.6 points for the week ending July 24, compared with 6.26 percent the previous week, Freddie Mac said....
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http://truthfullending.com/feed/ (Free subscription) | yesterday
Housebuilding slump hits UK's economic growth Westpac lowers 2 year mortgage rates - down to 8.95 pc State to address criminals in mortgage industry Freddie Mac: Mortgage Rates Rise Sharply U.S. House approves wide-ranging housing rescue bill UK retail sales drop 3.9 per cent in June as British consumers cut back
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OpenMarket (Free subscription) | yesterday
Even the Washington Post admits that the housing bill that would bail out Fannie Mae is “structurally unsound” and would cost enormous sums that cannot even be calculated, making the predicted $25 billion tab for just one part of the bill (bailing out mortgage giants Fannie Mae and Freddie Mac) a “wild guess.” That’s a striking admission, [...]
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CNNMoney.com (Free subscription) | yesterday
A key House committee was set to grill home lenders and housing advocates on Friday about mortgage industry efforts to work out affordable loans for troubled homeowners.
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San Diego Union (Free subscription) | yesterday
Mortgage rates shot up this week with 30-year mortgages climbing to the highest level in nearly a year. Freddie Mac reported that its nationwide survey showed rates on 30-year mortgages surged to 6.63 percent this week from 6.26 percent last week.
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San Diego Blog (Free subscription) | yesterday
In important news for homebuyers, the tax deduction for private mortgage insurance is now good through the 2010 tax year. The extension of the tax deduction makes mortgage insurance a more attractive choice for buyers interested in entering the housing market or refinancing an existing mortgage. New News About the Mortgage Insurance Tax Deduction The original deduction [...]
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kansascity.com (Free subscription) | yesterday
Mortgage rates shot up this week, with 30-year fixed-rate mortgages climbing to 6.63 percent from 6.26 percent last week. Rates on 15-year fixed-rate mortgages rose to 6.18 percent from 5.78 percent. Five-year adjustable-rate mortgages rose to 6.16 percent from 5.80 percent. Rates on one-year ARMs jumped to 5.49 percent from 5.10 percent. A congressional rescue package for Freddie Mac and Fannie Mae...
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Secured Loans (Free subscription) | yesterday
At the end of last month the Halifax brought in a new charge for mortgage customers, requiring new customers to pay a mortgage entry fee of £245 when their mortgage is completed and the funds are released. Many industry officials have slated the move from Halifax, stating that the new ...
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International Herald Tribune (Free subscription) | yesterday
NAB blamed the worsening global credit squeeze for the higher provisions and said it had now set aside enough to cover nearly 90 percent of its total asset-backed collateralized debt obligations, portfolio, but investors reacted angrily.
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Market Watch (Free subscription) | yesterday
HONG KONG (MarketWatch) -- National Australia Bank said Friday it was setting aside an additional A$830 million ($805 million) to cover exposure to U.S. mortgages, sending its shares plummeting in Sydney trading.
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Baltimore Sun (Free subscription) | yesterday
Mortgage rates shot up this week, with 30-year mortgages climbing to the highest level in nearly a year, reflecting concerns in financial markets about the troubles at corporate giants Fannie Mae and Freddie Mac.
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forsalefinn | 07/18/2008
Retracing the events which unfolded to deposit us into our current real estate market situation seems to be a favorite pastime these days. Everybody is looking for an answer as to how this situation could have occurred, but the truth is that there are several guilty parties that took part. It was a seller’s market for a few years, which translates to an increase in pricing. In fact, buyers were often...
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yusufa95 | 05/05/2008
"The supply and affordability problem affects more than those at the bottom of the income pyramid. In Washington D.C and elsewhere, it's increasingly difficult for middle-income households to find, buy and keep a home" WASHINGTONPOST 02/16/2008. A good friend of mine for many years called me few days ago and the first thing he said was: The Mortgage crisis has hit me hard. I knew that he lives in
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bharatbook | 03/12/2008
The Australian Financial Services Consumer Trends Survey was completed in December 2007 and provides invaluable insights into the mindset of the Australian consumer of financial services. This slide pack summarizes some of the most interesting results of the survey. Scope of this report 2,000 Australian consumers aged 18+ participated in the Australian Financial Services Consumer Trends Survey Respondents
