Survey finds Hispanics helping drive growth of mortgage products (San Diego Daily Transcript via Yahoo! News) The Hispanic middle-class population has created a significant upswing in two mortgage-based credit products, home equity loans and home equity lines of credit, jumping 35 percent and 25 percent
Fall seen in Northern Rock mortgage lending (Reuters via Yahoo! UK & Ireland News) Stricken mortgage bank Northern Rock has seen a dramatic fall in mortgage lending over the last two months since its financial troubles emerged, the Financial Times said.read more...
Don't Bank On A Safe Mortgage Don't Bank On A Safe Mortgage Jul 30, 2005 12:51 am US/Eastern CBS News Correspondent Trish Regan explains here how it's easier than ever to get a mortgage in this
Three-quarters of mortgage deals scrapped - with more expected to follow (Evening Standard) More than 75 per cent of the mortgage deals which were available last summer have disappeared.read more...
Chat Plus Real estate editor Maryann Haggerty and columnist Elizabeth Razzi respond to a question adapted from a recent online chat.
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Home construction drops sharply in October; Jobless claims report... Home construction in October plunged by the biggest amount in seven months, providing dramatic evidence that rising mortgage rates are beginning to dampen the housing boom.read more...
Mortgage professionals who aren’t using the Internet and online technology to gain new customers are missing a huge opportunity: Fully 77 percent now use the internet during the home-buying process. What’s more, these buyers typically spend 32 percent more on their homes and make 24 percent more income than non-online customers.
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