First home buyers lead new-year charge
FIRST home buyers are expected to kick-start Sydney’s property market this year.
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Mortgage brokers face tighter restrictions (The Kentucky Post) Gov. Bob Taft is expected to sign into law several new restrictions on mortgage lenders and brokers who specialize in high-interest loans to borrowers with low incomes or poor credit.read
U.K. home mortgage approvals at low point (UPI) Mortgage approvals for British home buyers fell to a record low last month, a report from the British Bankers' Association said.read more...
Houston mortgage monitor (Houston Chronicle) The mortgage interest rate list represents a sampling of rates as quoted by lenders in the Houston market on Friday. Rates, which may change on Monday, are for 90 percent
Mortgage rates rise (The Cincinnati Post) WASHINGTON - Freddie Mac, the mortgage company, reported Thursday that the average rate for 30-year, fixed-rate mortgages rose for the second straight week this week to 6.42 percent, up from
Pimco fund invests $5bn in mortgage debt (eFinancial News) Pimco, the bond fund manager that is part of German insurer Allianz, has bought more than $5bn (â?¬3.5bn) in mortgage-backed securities for its new distressed debt fund, indicating the manager
MORTGAGE LENDING: Help for fragile housing market (Atlanta Journal-Constitution) Washington ?- President Bush on Friday announced a set of modest proposals to deal with an alarming rise in mortgage defaults that have contributed to turbulent financial markets over recent