Buyers back off as mortgage rates climb (Detroit News)
A measure of U.S. mortgage applications fell last week as higher borrowing costs deterred homebuyers and made refinancing less attractive.
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Getting a Mortgage with Bad Credit (Ridgecrest Daily Independent) (ARA) - Having bad credit is not the end of the world and it's not impossible to get a loan. Generally, credit scores below 600 are considered sub-prime and the
Median income barely grows The economy may be chugging along, but the gains are not trickling down to many American families' incomes and net worth.read more...
Foreclosure Wave Bears Down on Immigrants Immigrants are emerging as among the first victims of a growing wave of home foreclosures in the Washington area as mortgage lending problems multiply locally and across the country.Commentread more...
UK April RPI excld. Mortgage interest payment up 4% vs. 3.5% in March (Nasdaq) (RTTNews) - UK April RPI excld. Mortgage interest payment up 4% vs. 3.5% in Marchread more...
Personal borrowing has doubled under Labour The level of unsecured debt per head has doubled since the Labour Party came to power in 1997, according to government statistics obtained by the Liberal Democrats.via
Mortgage applications on the rise (Detroit News) U.S. mortgage applications rose last week, reflecting a jump in refinancing and more home purchases, a private report showed today.via