Low-income home finance reforms due Ua-arthorn project seriously flawed Kanana Katharangsiporn The National Housing Authority will ask the Finance Ministry to set up a fund to offer mortgage financing for low-income buyers, according to NHA
Pending Home Sales Drop Slightly "However, the combination of recent fiscal stimulus enactment and the lagged impact of monetary policy will help jump start the economy in the second half." Pending home sales fell
Lehman to halt mortgage lending (The News & Observer) Lehman Brothers Holdings said it will cease wholesale mortgage lending in the U.S. because of the continued housing slump, a move that includes 1,300 job cuts and a $40 million
Mortgage rates turn lower again (CNN Money) Mortgage rates fell for the seventh time in eight weeks, after a small gain last week, said a survey released Thursday.read more...
As mortgage market tumbles, ad spending by lenders persists (International Herald Tribune) Mortgage experts say spending will be strong into the spring, a prime buying time for the housing market. But consumer advocates say the ads are misleading.read more...
Mortgage rates drop slightly in week (UPI) WASHINGTON, Nov. 6 (UPI) -- Interest rates for 30-year, fixed-rate U.S. mortgages dropped slightly in the week ending Nov. 6, the Federal Home Loan Mortgage Corp. said Thursday.read more...
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