Posts Tagged ‘Drop’
MBIA, Merrill Agree to Drop Mortgage-Debt Protection Suit
July 12th, 2011MBIA, Merrill Agree to Drop Mortgage-Debt Protection Suit Merrill Lynch & Co. units now owned by Bank of America Corp. (BAC) and MBIA Inc. (MBI) agreed to dismiss a breach-of-contract lawsuit over protection sold against mortgage-debt defaults, according to a court filing. Read more on Bloomberg
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Mortgage rates drop to new 2011 lows
June 11th, 2011Mortgage rates drop to new 2011 lows Freddie Mac says the average on a 30-year loan fell to 4.49 percent and to 3.68 percent on a 15-year fixed mortgage. Read more on The Oregonian
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Housing starts drop 10%
May 20th, 2011Housing starts drop 10% New home construction tumbled in April, the government said Tuesday, as the nation’s housing market remains weak. Read more on CNN Money
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Consumer Confidential: Mortgage rates drop, food and fuel prices rise, 401(k)s grow
May 12th, 2011Consumer Confidential: Mortgage rates drop, food and fuel prices rise, 401(k)s grow Here’s your these-are-the-breaks Thursday roundup of consumer news from around the Web: –In the market for a new home? The time might be right. Fixed mortgage rates have fallen to their lowest levels of the year, giving would-be home buyers… Read more on [...]
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Mortgage Delinquencies Post Big Drop in March
May 8th, 2011Mortgage Delinquencies Post Big Drop in March Mortgage delinquencies fell by 12% in March, the biggest monthly drop since the housing bust began, to the lowest level since 2008, according to LPS Applied Analytics. Read more on Wall Street Journal Blogs
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Home prices in big U.S. cities continue to drop
April 27th, 2011Home prices in big U.S. cities continue to drop Home prices in 20 U.S. metropolitan areas nationwide, including New York, Miami and Boston, continued to fall in February, a leading measure for the U.S. residential housing market reported Tuesday. Read more on People’s Daily
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Mortgage data reveals a sharp drop in house sales
March 13th, 2011Mortgage data reveals a sharp drop in house sales Buyers hold tight to their purses as inflation continue to rise and spending cuts begin to bite A 29% fall in house sales in January compared to December is being blamed on inclement weather, rising inflation and government spending cuts. The Council of Mortgage Lenders , [...]
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Middle East fuels a drop in mortgage rates
February 27th, 2011Middle East fuels a drop in mortgage rates Rates have dropped in two consecutive weeks after rising in mid-February. “Since then, we have seen some improvement,” says Reggie Green, a loan officer at Firstline Mortgage/Crossline Capital in Chandler, Ariz . “But it’s not a huge improvement (this week) from a week ago.” Read more on [...]
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U.S. Home Prices Probably Had Biggest 12-Month Drop in a Year
February 23rd, 2011U.S. Home Prices Probably Had Biggest 12-Month Drop in a Year Residential real-estate prices dropped in the 12 months to December by the most in a year, a sign the U.S. housing market is struggling even as the rest of the economy recovers, economists said before a report today. Read more on Bloomberg
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Business : Capital records up to 10% drop in Q3 home rents
September 30th, 2010Business : Capital records up to 10% drop in Q3 home rents ABU DHABI — Abu Dhabi’s housing rents weakened in the third quarter, falling up to 10 per cent depending on the buildings, a trend the property management firm Asteco predicted to continue. Read more on Khaleej Times
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