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Mortgage News

Mortgage News

News on Mortgage continually updated from thousands of sources around the net.


09/03/2010 03:33 PM
Mortgage rates hit decades-low of 4.32 percent

Mortgage rates fell to the lowest level in decades for the tenth time in 11 weeks, as investors worried about the economy.


09/03/2010 11:14 AM
Treasury prices slide on unemployment report

Treasury prices dropped for a second straight day after the Labor Department said fewer workers filed for unemployment last week.


09/03/2010 06:59 AM
Mortgage-fraud suspect surrenders

A federal magistrate allowed Laura Jean Arvelo to remain free on an unsecured $250,000 personal recognizance bond Thursday, just two days after she was indicted along with a former Bergen County financing agency chairman on a litany of fraud charges.


09/03/2010 02:55 AM
Will house prices fall further?

House prices fell further this month, leaving home owners fearful that the double dip in the property market has begun.


09/02/2010 07:49 PM
Canadaa s big five banks earn $4.8 billion in third quarter

Canada's five biggest banks earned a combined $4.8 billion in third-quarter profit - nine per cent more than last year - as they cashed in on strong growth in mortgages, consumer and corporate loans and other retail operations.


09/02/2010 03:44 PM
Households in arrears 'may rise'

More than 36,000 debt-hit householders are three months behind with payments and the figure is set to worsen as mortgage interest hikes hit home, it has been revealed.


09/02/2010 11:40 AM
UK house prices down again in August - Nationwide

Published by Jon Land for 24dash.com in Housing Thursday 2nd September 2010 - 9:01am UK house prices down again in August - Nationwide Property prices fell by 0.9% during August as the housing market continued to show signs of weakening, figures revealed today.


09/02/2010 07:25 AM
Mortgage Applications Rise 2.7% On Low Rate

Wednesday, September 1, 2010 A trade group says mortgage applications rose 2.7% last week as more borrowers took advantage of the lowest rates in decades to reduce their monthly loan payments.


09/02/2010 03:16 AM
Revolving credit declines as lenders grow wary

Consumers used to easy credit face a reality check, as lenders start tightening the purse strings.


09/01/2010 11:06 PM
Homeowners in mortgage arrears up by nearly a third

AROUND 9,000 of Permanent TSB's mortgage customers have not paid their home loan for three months or longer.


09/01/2010 05:52 PM
17,000 people attend loan-modification marathon in West Palm Beach

Shawne Ricks, a NACA representative from Charolette, NC, helps Sean Ogilvie, from Ft.


09/01/2010 01:43 PM
36,000 mortgages in 90-day arrears

Your account has been frozen . For your available options click the below button.


09/01/2010 09:23 AM
SC housing agency adds $2M to homebuyer program

A program to provide low-interest home mortgage loans and downpayment assistance for South Carolina teachers and emergency workers to buy their first home has been expanded to include administrative personnel in those fields.


09/01/2010 05:13 AM
GDP growth slows in Q2 as consumers, governments rein in spending

Canada's economy slowed more than expected in the second quarter as consumers tightened their pocketbooks, housing weakened and exports were squeezed by the weak American economy.


09/01/2010 12:58 AM
SEC says it lacked authority to charge Moody's

The Securities and Exchange Commission has declined to seek fraud charges against Moody's Investors Services over its ratings of risky investments that led to the financial crisis.


08/31/2010 08:32 PM
FDIC Reports Over 10% Of Banks At Risk Of Failure | Problem Bank List

August 31, 2010 - The latest FDIC Quarterly Banking Profile shows a 7% increase in the number of Problem Banks to 829 at June 30, 2010, up from 775 at March 31, 2010. The number of problem banks is now at its highest level since March 1993 when there were 928. More than 10% of all US banks are now classified as problem banks at risk of ...


08/31/2010 07:49 PM
Fed Discussed Further Stimulus Steps

Federal Reserve officials signaled at their August meeting that they would consider going beyond a modest program to purchase government debt if necessary to boost the economy.


08/31/2010 03:38 PM
UK mortgage approval rise but total lending weakest since March

Total net lending remained weak. Photo: PA Net lending, which strips out redemptions and repayments, totalled just 86m during the month - a steep fall from June's 518m, The Bank of England reported.





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