Buyers Back Out As Mortgage Rates Spike (Hartford Courant)
30-Year Loans Rise For Fifth Week In A Row A spike in residential mortgage rates is sending shock waves through a housing market that is already struggling both locally and nationwide, causing some buyers to drop out of deals and dashing hopes that the market is on the verge of recovery. ...more...50-year mortgage to be promoted to home buyers (Guardian Unlimited)
Mortgage broker in talks with lender about launching 50-year home loan....more... 50-year mortgage to be promoted to home buyers (Guardian Unlimited)
A UK mortgage broker today revealed it was in talks with a lender about launching a 50-year home loan. By Rupert Jones....more... 50-year mortgage to be promoted to home buyers (Guardian Unlimited)
First it was mortgages equal to five or six times a homebuyer's salary. Now the half-century home loan beckons. A UK broker firm today revealed it was in talks with a lender about launching a 50-year mortgage....more... Bear Stearns to liquidate holdings at one hedge fund (International Herald Tribune)
The company, one of the leading U.S. underwriters of mortgage bonds, lost money betting on subprime mortgage bonds....more... Noticias Infobolsa / Titulares (InfoBolsa)
ResMAE Exits Chapter 11 with Renewed Strength and Commitment to . Quality and Service Quality and Service 15/06/2007 18:50:00 Business Wire ResMAE Mortgage Corporation ("ResMAE") today emerged from Chapter 11 with renewed strength and commitment to delivering best in class products and services in the non-conforming mortgage marketplace....more... Real Estate Weekly -- June 15 (MENAFN)
Real Estate Weekly -- June 15...more... Home mortgages may get more expensive (Whittier Daily News)
housing market continued tripping, stumbling and falling - and things should get worse before they get better. That's the word from those who follow interest rates....more... Buyers get squeezed out of housing market (WZZM 13 Grand Rapids)
Would-be home buyers, such as James Aberle, have watched with angst as mortgage rates have jumped nearly 10% in just five weeks....more... |