Mortgage approvals and lending pick up (Reuters.co.uk) LONDON (Reuters) - Mortgage approvals picked up from near record lows in January, the British Bankers' Association said on Monday, indicating an expected slowdown in the housing market may be
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30-year mortgage rates sink to lowest level in 14 months (Reg Req'd) Mortgage rates dropped this week to the lowest level in 14 months, with an average 30-year fixed rate of 5.56 percent nationally.via
Watchdog bans mortgage brokers (Channel 4) The City watchdog has banned two mortgage brokers for submitting false applications to lenders.read more...
Fannie Mae unveils new mortgage security product (bizjournals.com via Yahoo! Finance) Looking to attract new investment, Fannie Mae is whipping up a new mortgage-backed security designed to reduce some risk in owning the debt.read more...
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Stephanie Enright Moneywise When Paul started practicing medicine in 1982, the then-33-year-old happily anticipated 30 years of gratification and, as the Palos Verdes Peninsula resident writes, “the most …
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