U.S. Role in Mortgage Market Grows Even Larger
Wednesday, March 16th, 2011The U.S. government’s massive share of the nation’s mortgage market grew even larger during the first quarter.
Mortgage lending: tight for some
Wednesday, March 16th, 2011Today’s figures from the Bank of England show that mortgage lending is still very depressed. In March net mortgage lending, at a mere £318m, was actually lower than unsecured lending (£325m). This is only the fourth month this has happened since records began in 1993. In 2006-07, mortgage lending averaged £9.13bn a month, eight times [...]
Nationwide Home Loans Fall 37% on Contracting British Market
Wednesday, March 16th, 2011Nationwide Building Society, the U.K.’s largest customer-owned lender, said gross residential mortgage lending dropped 37 percent to 12 billion pounds ($17.2 billion) in the last fiscal year as housing transactions slumped.
Mortgage rates rise slightly but remain near record lows
Wednesday, March 16th, 2011Lenders are offering an average rate of 4.75% for a 30-year fixed mortgage, up from 4.72% last week, Freddie Mac says.
Bank Of America Home Loan Refinancing For A Lower Monthly Mortgage Payment
Tuesday, March 15th, 2011Mortgage interest rates have been quite low over the past months and remain at levels where many homeowners are able to refinance for a lower mortgage rate and monthly mortgage payment. Homeowners with Bank of America, like many other homeowners with various lenders across the nation, have been able to refinance with their lender to [...]
« Previous Entries