Real estate editor Maryann Haggerty and columnist Elizabeth Razzi respond to a question adapted from a recent online chat.
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Bonds up as mortgage rates fall (CNN Money) U.S. treasurys rose on Monday after a government bailout of mortgage giants Fannie Mae and Freddie Mac drove down mortgage rates.read more...
Mortgage Foreclosures read more...
Want a mortgage? Rates fell sharply Tuesday (Detroit Free Press) A sharp plunge in U.S. mortgage rates Tuesday gave lenders and home buyers a lot to be thankful for ? and spurred the biggest loan application day in Livonia-based Quicken
Bank 'planning 50bn bond... "I think it's something that is necessary. If we don't have this what this will mean is that the whole mortgage market and perhaps the real economy will freeze up."
Fed raises rates, keeps measured vow The Federal Reserve But a rare twist on a carefully choreographed release whipsawed financial markets.via
Mortgage Lending Slows Down (Sky News via Yahoo! UK & Ireland Finance) Mortgage lending slowed down in October, according to the British Bankers' Association. Lending growth has been broadly steady in 2005, providing further evidence the housing market has stabilised, it said.read
August 19th, 2008
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