Posts Tagged ‘Mortgage’
Fixed mortgage rates hold steady near yearly lows
July 2nd, 2011Fixed mortgage rates hold steady near yearly lows Fixed mortgage rates were mostly unchanged this week, hovering near their annual lows. The average rate on the 30-year loan rose slightly to 4.51 percent, Freddie Mac said Thursday. Read more on AP via Yahoo! Finance
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Mortgage REIT Dividends Look Risk Free This Summer
June 30th, 2011Mortgage REIT Dividends Look Risk Free This Summer NEW YORK, NY–(Marketwire – 06/30/11) – Mortgage Real Estate Investment Trusts (mREITs) have garnered significant attention this month as favorable interest rate spreads allowed several companies in the sector to hike their quarterly dividends. The Bedford Report examines the outlook for diversified REITs and provides equity research [...]
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Bank of America in $8.5B mortgage settlement
June 29th, 2011Bank of America in $8.5B mortgage settlement Bank of America in $8.5B mortgage settlement By CHRIS KAHN The Associated Press Published Jun 29, 2011 12:14PM MDT NEW YORK • Bank of America and its Countrywide unit will pay $8.5 billion to settle claims that the lenders sold poor-quality mortgage-backed securities that went sour when the [...]
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New York Mortgage Trust Announces Pricing of Public Offering of Common Stock
June 28th, 2011New York Mortgage Trust Announces Pricing of Public Offering of Common Stock NEW YORK — New York Mortgage Trust, Inc. announced today that it priced an underwritten registered public offering of 1,500,000 shares of common stock at a public offering price of $7.50 per share. Read more on GlobeNewswire via Yahoo! Finance
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Mortgage Loan Applications Spike 13%, Notes California Mortgage Advisor Sue Drawdy
June 27th, 2011Mortgage Loan Applications Spike 13%, Notes California Mortgage Advisor Sue Drawdy With interest rates dipping again, applications for home loans jumped 13% in one week. Mortgage lender Sue Drawdy says this is another indication that now is a good time to buy a home. Read more on PRWeb via Yahoo! News
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Mortgage market ‘to remain flat’
June 26th, 2011Mortgage market ‘to remain flat’ Lenders expect activity in the mortgage market to remain flat in the coming months despite a rebound in May. Read more on BBC News
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Watchdog delays controversial reforms of mortgage market
June 25th, 2011Watchdog delays controversial reforms of mortgage market The Financial Services Authority delayed its controversial mortgage reforms yesterday and admitted its attempts to protect borrowers risked restricting lending too much. Read more on Independent
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Fixed mortgage rates flat, hover near yearly low
June 24th, 2011Fixed mortgage rates flat, hover near yearly low WASHINGTON—Fixed mortgage rates were mostly unchanged this week, hovering near yearly lows. The average rate on the 30-year loan held steady at 4. Read more on Denver Post
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Long-term mortgage rates flat in week
June 23rd, 2011Long-term mortgage rates flat in week WASHINGTON, June 23 (UPI) — Long-term mortgage rates were flat in the week ending June 23, the U.S. Federal Home Loan Mortgage Corp. said Thursday. Read more on UPI
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First Trust Mortgage Income Fund Declares its Monthly Common Share Distribution of $0.16 Per Share for July
June 21st, 2011First Trust Mortgage Income Fund Declares its Monthly Common Share Distribution of $0.16 Per Share for July First Trust Mortgage Income Fund has declared the Fund’s regularly scheduled monthly common share distribution payable on July 15, 2011 to shareholders of record as of July 6, 2011. Read more on Business Wire via Yahoo! Finance
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