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End of an era

Thursday, March 17th, 2011

Mortgage-rate rise marks last of rock-bottom loans.

U.K. Bankers Shunned by Mortgage Lenders Turn to Private Banks

Thursday, March 17th, 2011

April 23 (Bloomberg) — Employees in London’s financial services industry are turning to private banks for luxury home loans as the biggest mortgage lenders are deterred by limits on cash bonuses.

Tax-credit deadline passes, mortgage applications swoon

Wednesday, March 16th, 2011

You didn’t need to wait long for a sign of what the end of the home buyer tax credit program means: Mortgage applications by buyers fell 27 percent last week — following a 10 percent drop the week before — to their lowest level in 13 years.

Hey, Mortgage Industry: Nobody Trusts You

Wednesday, March 16th, 2011

The mortgage banking industry knows it’s not the most popular kid on the block right now, but it tried to put a positive face on the state of the industry during a convention in New York on Monday.

Mortgage Interest Rate News and More

Wednesday, March 16th, 2011

In yet another report designed to help determine the state of the U.S. economy, the Mortgage Bankers Association has released their weekly mortgage report. The results are out on home purchase rates, mortgage interest rates, and refinance rates, and the news is not very positive.

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