Refinanced U.S. mortage amounts rise
Nearly nine in 10 refinanced U.S. mortgages owned by Freddie Mac were for higher loan amounts than the original mortgage balances, Freddie Mac said Tuesday.
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Dow Closes Lower on Weak Housing Data Wall Street pulled back Thursday after new signs of weakness in the housing market prompted investors to look past a rebound in major retailers' sales figures.Commentread more...
Mortgage accelerator uses buyer's paycheck to cut debt (Pittsburgh Post-Gazette) A different type of mortgage, called a mortgage accelerator loan, has migrated to the United States. It uses home equity borrowing and the borrower's paycheck to shorten the time until
HOUSTON MORTGAGE MONITOR (Houston Chronicle) INDIVIDUAL LENDER RATES The mortgage interest rate list represents a sampling of rates as quoted by lenders in the Houston market on Friday. Rates, which may change on
Mortgage matches highest rate of the year The roller coaster ride continues with mortgage rates. This week, they climbed to the highest level in three months.read more...
Spain: government announces mortgage aid (Fort Worth Star-Telegram) By DANIEL WOOLLS Spain's government, grappling with soaring unemployment and an economy buffeted by the global credit crunch, announced a plan Monday to help families make mortgage payments and
Rebound is expected in home construction "The five-year builder lot strategy has turned into a humbling nightmare" Look for the downturn in metropolitan Phoenix's home-building market to mirror the run-up of a few years ago.So