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U.S. Role in Mortgage Market Grows Even Larger

Wednesday, March 16th, 2011

The U.S. government’s massive share of the nation’s mortgage market grew even larger during the first quarter.

Hung Parliament Means Fix Mortgage Rate Now!

Wednesday, March 16th, 2011

Despite 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 Rates Continue Slide

Wednesday, March 16th, 2011

Mortgage rates declined again this week, with many reaching the lowest levels in years, according to Freddie Mac’s weekly survey of mortgage rates.

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.

Nationwide Home Loans Fall 37% on Contracting British Market

Wednesday, March 16th, 2011

Nationwide 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.

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