Posts Tagged ‘loans’
Home loans crunch stifled house buying season
June 14th, 2011Home loans crunch stifled house buying season Rics, reports balance of firms recording falls in house prices in May exceeded those saying they had risen, by 28 percentage points Anxiety over the state of the economy and a continued shortage of mortgage finance prevented the spring bounce in the housing market hoped for by estate [...]
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Emergency loans available for distressed Connecticut homeowners
April 30th, 2011Emergency loans available for distressed Connecticut homeowners Angela Carter, Register Staffacarter@nhregister.com Read more on New Haven Register
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Mortgage loans fell 22.5% in Q4 of 2010
March 6th, 2011Mortgage loans fell 22.5% in Q4 of 2010 THE MORTGAGE market in Ireland continues to weaken with the volume of new lending in the final quarter of last year, falling 22.5 per cent on the previous quarter and 43.5 per cent on the same period in 2009. Read more on The Irish Times
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Mortgage rates: Average on 30-year home loans falls to 4.87 percent
March 5th, 2011Mortgage rates: Average on 30-year home loans falls to 4.87 percent NEW YORK — The average rate on the 30-year fixed mortgage dropped this week, following lower yields on Treasury bonds. Read more on San Jose Mercury News
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Mortgage-Bond Yields That Guide Home Loans Soar to 4-Month High
November 17th, 2010Mortgage-Bond Yields That Guide Home Loans Soar to 4-Month High Yields on Fannie Mae and Freddie Mac mortgage securities that guide home-loan rates reached their highest levels in four months, suggesting borrowing costs are soaring from record lows. Read more on BusinessWeek
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Mortgage Loans & Home Sales Numbers Fail to Grow
October 26th, 2010Mortgage Loans & Home Sales Numbers Fail to Grow Mortgage loans for borrowers and U.S. home prices rose less than expected on an annual basis in August, a closely-watched index released Tuesday said. The S&P/Case-Shiller 20-city composite index of home prices for August rose 1.7 percent from a year ago, falling short of the 2.2 [...]
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Mortgage Q&A: Loans cheap, but difficult to negotiate
October 9th, 2010Mortgage Q&A: Loans cheap, but difficult to negotiate Last week’s meeting of the Federal Reserve Board of Governors suggested that mortgage rates might remain low. In August, I wrote a column suggesting the same thing but cited recent gloomy economic reasons for low rates. I’m no economist, but the basic premise is that slow economic [...]
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Myrtle Beach area loans lumped into spiraling mortgage-backed securities
August 15th, 2010Myrtle Beach area loans lumped into spiraling mortgage-backed securities It took fewer than six months for the loan on a condominium unit at River Oaks Golf Villas to make its way from Myrtle Beach to Wall Street, but the fallout from that ill-fated mortgage and millions more like it nationwide likely will be felt for [...]
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Mortgage rates dip below 4 pct. on 15-year loans
August 5th, 2010Mortgage rates dip below 4 pct. on 15-year loans (AP:WASHINGTON) A plunge in mortgage rates is giving homeowners a rare opportunity to lock in a 15-year fixed-rate loan for less than 4 percent. Rates haven’t dipped this low in decades. Read more on INO News
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Wells Fargo 2Q profit rises as bad loans ease
July 22nd, 2010Wells Fargo 2Q profit rises as bad loans ease NEW YORK — Better payment rates for mortgages, auto loans and credit cards helped lift consumer-focused Wells Fargo & Co.’s second-quarter profit by 12 percent. Wells Fargo – Business – Financial Services – Mortgage – United States Read more on Washington Post
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