Q: How have mortgage rates changed in the past year? (Louisville Courier-Journal) A: According to a weekly report from mortgage giant Freddie Mac, the average rate for a 30-year, fixed-rate mortgage was 6.04 percent, compared with 6.33 percent a year ago.read more...
Proposed FHA changes spark opposition A switch to risk-based financing may be part of the package.read more...
Fitch Reaffirms Rating for Bank of Queensland Ratings agency Fitch Ratings has affirmed the long-term BBB rating for the Bank of Queensland Ltd , following a review of the bank.read more...
U.S. Home Construction Jumps; Fed Report Notes Cooling Signs Housing starts increased 3.4% in September and building permits rose 2.4%. The Fed's 'beige book' found rising prices nationwide, and policy makers suggested that more interest-rate increases are to come.read
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House prices fall at record ra... The rate at which house prices are falling hit a new record in August with the Halifax index recording double-digit annual drops for the first time ever, figures showed.read more...
The Neighborhood Assistance Corporation of America is doing something that should have been done a long time ago. The nonprofit advocacy organization is in the second day of a free five-day Save the Dream of Homeownership event in Washington where people can get immediate help restructuring their troubled mortgage loans.
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