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Homeowners face 2 bln pound mortgage lock-in (Reuters via Yahoo! UK & Ireland News)  Homeowners are facing a two billion pound "lock-in" that could stop them from switching to a better mortgage deal, a report says.read more...


Real estate sales, price increases to fall in '06 (Reg Req'd)  Latest forecast is slightly less optimistic about market conditions David Lereah, NAR Existing-home sales are projected to drop 6.8 percent this year to 6.6 million, down from a record 7.08


Lenders hike mortgage rates (Channel 4)  Some of Britain's biggest mortgage lenders have raised the cost of borrowing to battle the effects of the credit crunch despite expected further cuts in interest rates by the Bank


Habitat plans building blitz  A blitz can be bad news for the gridiron offense, but it's good news for a family looking to move into a new home.via


CitiFinancial notifying 3.9 million customers of lost data  CitiFinancial, the consumer finance division of Citigroup Inc., is notifying some 3.9 million U.S. customers that computer tapes containing information about their accounts -- including Social Security numbers ...via


AmNet funds $1.6 billion in mortgage loans during August (San Diego Daily Transcript via Yahoo! News)   American Mortgage Network reported that it funded $1.6 billion of mortgage loans in August. In August 2004, the company funded $741 million in mortgages, a year-over-year increase of 120

November 19th, 2006

Mortgage lending rises again in October (ShareCast via Yahoo! UK & Ireland Finance)

Mortgage lending rose sharply again in October, according to a new survey indicating the UK housing market remains strong.

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