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Real estate refinancings surge 11%  Interest rates stall, borrowers take action Overall mortgage applications jumped 8.8 percent last week on a seasonally adjusted basis from the week before, as relatively flat interest rates sparked an


Endowment mortgage disputes soar to 70,000  The Financial Ombudsman Service says it has received 70,000 new complaints about endowment mortgages in the last year, the equivalent of 1,300 a week, compared with just 300 a week


Photo Release -- Allied Home Mortgage Capital Corporation Opens New Branch Office in Manchester  Allied Home Mortgage Capital Corporation has opened a new branch in Manchester, NH.via


Getting your home ready for sale  One popular resolution involves a change in residence. Maybe a home has become too big or too small or too close or too faraway.read more...


New mortgage company opens in Chandler (BizJournals)  A new mortgage company touting "advanced technologies" has opened in Chandler with plans for rapid growth.read more...


U.S. construction spending dropped in May  WASHINGTON Construction spending fell in May for the 11th time in the past year as a continuing slump in housing offset strength in non-residential building.read more...

May 31st, 2007

Mortgage rates up on durables report (UPI)

Freddie Mac, the government-backed mortgage lender, reported mortgage rates mostly rose this week on news of increased durable goods orders.

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