Latest
Mortgage & Loan News
Great TIme to Buy Homes in the USA
06/12/2007
With sales of new homes enjoying a surge in April, buyers are beginning to realise that this is a great time to buy and there are a lot of bargains to be had... More....
30 Year Mortgage Rates Rise
04/16/2007
Average rates on 30 yr mortgage loans rose last week to an average of 6.22%, according to a weekly survey released by government backed finance company Freddie Mac... More....
A Buyers Market?
04/05/2007
Sellers are definitely having to work harder for their sales these days. Whereas a couple of years ago, sellers had multiple bids for their properties, times have changed. More....
SubPrme Problems Continue
03/22/2007
Senior figures in the U.S. mortgage industry showed a united front this week in an attempt to ease market fears of a meltdown in the subprime mortgage market. More....
Invest in Florida Real Estate Market
03/12/2007
The home loan market in Florida is one of the most competitive in America, and this can present you the buyer with some great advantages. More....
Mortgage
Company SubPrime Stops Funding Loans
02/18/2007
Subprime lender, Mortgage Lenders Network
USA (MLNU), announced it has stopped funding loans and accepting
applications for loans. More....
HSBC
Sells Mortgage Portfolio
12/19/2006
HSBC Bank Australia is selling its broker-originated
mortgage portfolio, which is valued at $1.75 billion, to leading
Australian residential mortgage provider, FirstMacMore....
Mortgage
Rates Rise as Interest Rates Recover
12/14/2006
In New York, mortgage applications are
on the rise, as interest rates recovered just slightly from
last weeks 14-month low, according to an industry trade group
report on Wednesday. More....
Mortgage
Rates Drop In The USA
12/07/2006
For the fifth week in a row, mortgage
rates drop, bringing them lower than they were a year ago.
The fixed-rate mortgage based on 30 years, averaged 6.14 percent
for the week ending November 30, 2006, which is well below
it's year ago average of 6.26 percent.cent. More....
Improved
Mortgage Rates
11/23/2006
Chelsea Building Society's buy-to-let
two-year fixed rate with flat valuation fee has seen an interest
rate decrease from 5.14 per cent to 4.99 per cent, while the
buy-to-let two-year fixed rate interest rate has reduced from
5.45 per cent to 5.30 per cent. More....
House
Sales Survive Higher Mortgage Rates
11/03/2006
The Royal Bank of Canada was one of the first financial institutions
to lift the rates, with their five year closed mortgage rising
20 basis points to 6.8 percent. More....
Mortgage
Rates Finally Rise
11/03/2006
In the United States, the average interest rate on a 30 year
mortgage has risen to 6.37 percent from 6.30 percent just
last week. More....
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