Refinancing
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Mortgage rates to rise to 6.5% by year-end: MBA (Market Watch) WASHINGTON (MarketWatch) - Fixed-mortgage rates are expected to rise to about 6.5% by the end of 2007, and sales of both new and existing homes are expected to slide this
Rules Set for Mortgage Loan Appraisals (New York Times) Fannie Mae and Freddie Mac have agreed to improve the reliability of appraisals on mortgage loans bought by the two financing companies.read more...
Ban on Down-Payment Aid Is Fought Congress is making a last-ditch effort to head off an Oct. 1 ban on the use of seller-assisted down payments on federally insured mortgages.read more...
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Canada High Court Strikes Down Mortgage-Interest Deduction Plan (Bloomberg) Jan. 8 (Bloomberg) -- Canada?s high court struck down a method wealthy families use to gain tax deductibility for mortgage interest, ruling that a husband?s application of his wife?s deduction
Bradford & Bingley reveals loss as mortgage arrears surge (Market Watch) Troubled U.K. mortgage lender Bradford & Bingley says Friday it swung to a loss in the first half of the year after further asset write-downs and a sharp rise in