Pending Sales of Existing Homes in U.S. Rose 5.3% in March
Wednesday, March 16th, 2011More Americans signed contracts in March to buy previously owned homes before the expiration of a tax credit that helped support the housing market.
Fannie Mae asks for more federal aid after Q1 loss
Wednesday, March 16th, 2011Fannie Mae (FNM.N), the largest U.S. residential mortgage provider, on Monday reported a net loss of $13.1 billion in the first quarter and said it tapped the Treasury for additional aid of $15.3 billion.
Hung Parliament Means Fix Mortgage Rate Now!
Wednesday, March 16th, 2011Despite a small recovery in the housing market over the months prior to the general election, many industry experts are warning of a sharp halt to this as a result of a hung Parliament.
Mortgage Advance Boost For First-Time Buyers
Wednesday, March 16th, 2011Mortgage Default Rates Lower as Consumers Choose Property Over Plastic
Wednesday, March 16th, 2011The monthly default rates for first and second mortgages fell in April, but climbed for bank card loans for the third consecutive month, according to the latest data from credit-rating agency Standard & Poor’s and national credit bureau Experian.
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