Mortgage approvals fall during January (Financial Times)
The number of mortgage approvals fell in January compared with the previous month but have rebounded from the low point touched a year earlier, according to data released yesterday.
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Mortgage Lenders Reduce Dividends (Los Angeles Times) Two Southland mortgage lenders slashed their stock dividend payments Tuesday, another sign of the squeeze on industry profits fueled by rising short-term interest rates, intense competition and worries about loan
30-year mortgage rates jump (Portsmouth Herald) WASHINGTON -- Rates on 30-year mortgages rose this week to the highest level since the spring of 2002. Freddie Mac, the mortgage company, reported Thursday that rates on 30-year, fixed-rate
Shortages persist in home-building products Although home builders in many parts of the country are beginning to experience a decline in buyer demand, the shortage of some key building products is continuing.read more...
Reverse mortgage may be the answer for some seniors (Miami Herald) Are you or someone you know a senior citizen homeowner who is ''house rich'' but ''cash poor?'' If so, a reverse mortgage can solve the problem if the homeowner is
Engineer to discuss Lewes' new building code By Henry J. Evans Jr. Cape Gazette staff A hurricane season that already has churned up several named storms has so far had no effect on the billions of dollars
USDA program can make a mortgage affordable (The Olympian) The mortgage industry might see them as boring and cumbersome, but government-insured home loan programs could rise to greater prominence as record home-price appreciation continues to force some South Sound