Mortgage relief reaches 7 percent of borrowers

By Mortgage Latest News | March 17, 2011

The Obama administration’s mortgage relief plan provided help to only 7 percent of borrowers who signed up last year. Read the rest of this entry »

Topics: Mortgage, News, Obama | No Comments »

FHA raises fees, tightens loan standards

By Mortgage Latest News | March 17, 2011

The Federal Housing Administration is raising fees and tightening lending standards to shore up its strapped finances and avoid a taxpayer bailout. Read the rest of this entry »

Topics: Borrowers, Mortgage, News | No Comments »

Mortgage rates fall for second straight week

By Mortgage Latest News | March 17, 2011

Rates for 30-year home loans edged lower for the second straight week, a report said Thursday, but remained above last month’s record lows. Read the rest of this entry »

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Businesses trim inventories by 0.2 pct in December

By Mortgage Latest News | March 17, 2011

Businesses reduced inventories in December, a sign that they remain cautious about the strength and durability of the economic recovery. Read the rest of this entry »

Topics: Businesses Inventories, US Economy, US Finance, US Recovery | No Comments »

Retail sales gains in January could boost growth

By Mortgage Latest News | March 17, 2011

A modestly better-than-expected report on retail sales for January could suggest stronger economic growth in coming months. But this week’s severe snowstorms will likely depress activity in February. Read the rest of this entry »

Topics: Businesses Inventories, Real Estate, US Economy, US Finance, US Recovery, Unemployment Rate | No Comments »

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