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Soft mortgage data point to housing market weakness

admin — Thu, 29 Jul 2010 22:04:22 +0000

Soft mortgage data point to housing market weakness
LONDON (Reuters) – Mortgage approvals fell more than expected in June and lending was also weaker than forecast, Bank of England figures showed on Thursday, suggesting the housing market will continue to soften in the coming months.

Mortgage applications rise

admin — Wed, 28 Jul 2010 21:38:48 +0000

Mortgage applications rise
Mortgage applications rose 2.3 per cent in the June qtr, but credit card applications dropped 9 per cent.

Pros’ Favorite Mortgage REITs Yield 6.5% Or More

admin — Tue, 27 Jul 2010 21:27:41 +0000

Pros’ Favorite Mortgage REITs Yield 6.5% Or More
Mortgage REITs offer some of the highest yields on Wall Street.

Mortgage rates at historic lows, but buyers still on sidelines

admin — Mon, 26 Jul 2010 21:42:15 +0000

Mortgage rates at historic lows, but buyers still on sidelines
KUSA – Mortgage rates are at 50-year lows. Home prices are affordable again for thousands of families. But according to Freddie Mac, too many qualified borrowers are sitting on the sidelines because of misinformation about the new rules of the road for getting a mortgage.

Mortgage rates at record lows, but who can get them?

admin — Sun, 25 Jul 2010 21:27:53 +0000

Mortgage rates at record lows, but who can get them?
Mortgage interest rates dropped to record lows last week, hitting rates not seen since the 1970s. But brokers say few of the many South Florida homeowners rushing to take advantage and refinance their loans will be able to qualify.

Mortgage lending hits six-month high, says CML

admin — Sat, 24 Jul 2010 21:28:47 +0000

Mortgage lending hits six-month high, says CML
Mortgage lending bounced back to a six-month high during June as the market enjoyed its traditional season boost, figures from the Council of Mortgage Lenders show.

Mortgage Appplications Volume Rise On Drop In Interest Rates

admin — Thu, 22 Jul 2010 21:24:09 +0000

Mortgage Appplications Volume Rise On Drop In Interest Rates
(RTTNews) – A report released by the Mortgage Bankers’ Association Wednesday showed that mortgage applications volume for the recent reporting week received a shot in the arm from a surge in refinancing activity, as applicants took advantage of falling interest rates.

Mortgage approvals and lending to firms slip – Bank

admin — Wed, 21 Jul 2010 21:41:14 +0000

Mortgage approvals and lending to firms slip – Bank
Lending to firms contracted for a third consecutive month in May and major banks approved fewer mortgages in June according to figures from the Bank of England that provide further evidence the housing market is flagging.

CoreLogic Releases 2010 Mortgage Fraud Trends Report

admin — Fri, 16 Jul 2010 22:28:37 +0000

CoreLogic Releases 2010 Mortgage Fraud Trends Report
CoreLogic , a leading provider of consumer, financial and property information and business services, today announced the release of its 2010 Mortgage Fraud Trends Report, a detailed analysis of US mortgage fraud rates and trends.

Read more on PR Newswire via Yahoo! Finance

Bankrate: Mortgage Rates Tick Higher

admin — Fri, 16 Jul 2010 21:45:33 +0000

Bankrate: Mortgage Rates Tick Higher
Mortgage rates moved up this week, with the average conforming 30-year fixed mortgage rate rising to 4.77 percent, according to Bankrate.com’s weekly national survey. The average 30-year fixed mortgage has an average of 0.41 discount and origination points.

Read more on PR Newswire via Yahoo! Finance