S. Korean Mortgages Rise Sharply in June South Korea's outstanding mortgage loans soared by their highest margin in nearly three years in June as more people applied for loans to finance property purchases, the central bank said
Slicing, Dicing, and Otherwise Accumulating Debt Debt is in vogue these days. From the government budget to Joe Sixpack's personal finances, there's no shortage of red ink.read more...
Homeowners struggle to meet mortgage payments (Reuters via Yahoo! UK & Ireland News) Hundreds of thousands of homeowners missed mortgage payments last year, with young borrowers most at risk, a charity survey said on Wednesday.read more...
Metrobank Art and Design winners Metrobank Foundation announces the winners of the 2nd Metrobank Art and Design Excellence National Competition.read more...
Some Touted the County's Healthiness to Lure Visitors read more...
Idle Equity? A Reverse Mortgage Could Be the Answer. Q: DEAR BOB: My husband and I, ages 74 and 77, live in our home worth about $900,000 for which we paid $125,000 in 1978. We have a remaining
Rates on 30-year mortgages rose to the highest level in five weeks but still remained below the 6 percent level.
Freddie Mac, the mortgage company, reported Thursday that 30-year, fixed-rate mortgages averaged 5.72 percent this week, up from 5.67 percent last week.
The 30-year mortgage started the year at 6.07 percent but dropped the next week to below 6 percent and has remained below that threshold for six straight weeks, raising hopes that lower rates will help spur a rebound in the battered housing industry. Read more
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