First time buyers spending third of income on mortgage (Sunday Business Post) Couples buying their first home spend up to a third of their income on a mortgage, a survey showed today. According to a new Affordability Index by EBS Building Society
Maybe housing isn't a complete bust The vice chairman of the Federal Reserve says that talk of the housing bubble bursting is way too pessimistic, reports the Los Angeles Times .Commentread more...
Mortgage lender setting up retail lending HQ in Amherst One of the biggest residential mortgage lenders in New York City is setting up its retail lending headquarters in Buffalo and expanding into Western New York as it goes national.via
Mortgage brokers chief has high hopes (Arizona Daily Star) Mortgage brokers in Tucson are struggling in the aftermath of the credit crunch. But a new president of the Southern Chapter of the Arizona Association of Mortgage Brokers hopes she
Florida Home Improvement Loan Activity Strong Amid Slowing Market Remodeling activity remained steady in the fourth fiscal quarter of 2006, according to the National Association of Home Builders' Remodeling Market Index .Commentread more...
Any tax cuts will go to mortgage: survey (AAP via Yahoo! Australia & NZ News) Homeowners will most likely invest any tax breaks they receive in Tuesday's federal budget straight into their mortgages, research has found.read more...
Many homeowners are facing a “significant” shock in the coming months as they experience a sudden leap in their mortgage bills, the Bank of England’s housing expert has warned.
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