Mortgage lending practices criticised by FSA (The Herald)
Mortgage lenders and intermediaries are failing to assess properly whether vulnerable consumers can afford home loans, a major independent report revealed yesterday.
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Mortgage Worries Hit Alt-A Market (AP via Yahoo! Finance) Shares of some mortgage lenders fell Wednesday as investors worried that problems in the subprime mortgage market could spread more widely in the industry.read more...
More of this story Pat and Paula Jacques put their two-story home in Stonebridge up for sale in July.read more...
Mortgage applications creep up as rates fall (USA Today) Mortgage applications rose last week after five straight weekly declines, as lower loan rates fostered home purchases and refinancings, data from an industry trade group said Wednesday.read more...
Realtor association predicts better times in '08 "Although sales are off from an unsustainable peak in 2005, there is a historically high level of home sales taking place this year - a lot of people are, in
Steps in Financing a Home, From Qualification to Lock Home buyers sometimes get into trouble because they don't understand the steps involved in financing their purchases. These steps are qualification, preapproval, approval and lock. read more...
ADV: Citi Platinum Select Card 0% APR on balance transfers and purchases for 12 months. Apply now!read more...