U.S. Housing Market Seen Declining in 2006 The U.S. housing market will see a sustained decline next year, causing a drag on the nation's economy but falling short of triggering a recession, according to a new economic
Risky lending spurs 'bubble' The housing boom spread to an unprecedented 55 metropolitan areas last year, including several exurbs of Washington, aided by an explosion of risky lending practices, the nation's chief bank insurer
Mortgage rates drop; 30-year averages 6.68% (USA Today) Mortgage rates around the country edged down this week, with rates on 30-year home loans sinking to their lowest point in a month, good news for prospective buyers.read more...
Mortgage lenders accused of raising deals just hours before Bank of England trims interest rates to 5% (Evening Standard) THE Bank of England today cut its base rate by 0.25 per cent to 5 per cent to stop the economy's slide towards recession. But relief for home owners was
Your Money Matters: Dealing with Rising Mortgage Interest Rates (Derby Daily Reporter) (ARA) - Many Americans are asking themselves what they should be doing in the wake of rising, and sometimes, fluctuating mortgage rates. It's an important question because for many Americans
Lenders Ramp Up Mortgage Ads, While Homeowners Leave Homes In this week's survey of real-estate news Open House looks at how to spot mortgage fraud, lenders who are spending more on ads to increase consumer borrowing and how one
NEW YORK——Fitch believes the recent rise in U.S. loan repurchase activity serves as a reality check for mortgage originators rather than the beginning or acceleration of a troubling trend according to a new Fitch special report.
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