Mortgage News from across the 'Net |
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Need the latest Mortgage news articles from right across the Internet? The All-Mortgage-Info news feed is the perfect solution. Updated every day with the most important Mortgage stories from some of the largest and most trusted sources available. You can read the stories here on line or get our RSS feed for your newsreader. Here are the latest stories:
Mortgage approvals slump (Reuters.co.uk)
LONDON (Reuters) - The number of loan approvals for home purchases fell in May by almost a quarter from a year ago, adding to growing evidence that the property market is running out of steam, data on Monday showed.
30-year mortgage rates fall to 5.57% (Detroit News)
WASHINGTON -- Rates on 30-year mortgages resumed their decline this week, falling for the 10th time in the past 12 weeks.
Mortgage approvals hit 10-month high (Evening Standard)
FURTHER evidence that the housing market has stabilised emerged today after the number of loans for house purchases hit their highest level of 10 months.
U.S. mortgage applications surge (Detroit News)
U.S. mortgage applications rose last week by the most in almost a year, as low interest rates contributed to a record number of requests for loans to buy houses. Applications to refinance mortgages also increased.
Fed moves will hit mortgage borrowers (Bankrate.com)
We are now one year into the Federal Open Market Committee's campaign of raising short-term interest rates, and there have been some surprises along the way. The housing market is still humming along. The average 30-year fixed-rate mortgage has dropped from 6.3 percent to 5.66 percent.
Mortgage Bankers: Desperate to Lend (BusinessWeek)
Refinancing volume has tumbled, as has profitability, so these lenders offer increasingly sweet deals in a scramble for market share
GMAC Commercial Mortgage Corporation Provides $53 Million in Refinancing for a Florida Hotel (dBusinessNews.com)
Orlando - ORLANDO -- GMAC Commercial Mortgage Corporation (GMACCM) has provided $53 million in floating-rate refinancing for an Orlando, Fla., hotel.
MORTGAGE LOAN INTEREST RATES IN S.KOREA FALL TO RECORD LOW (Asia Pulse via Yahoo! Australia & NZ Finance)
Statistics Mortgage interest rates in South Korea fell to a record low in May as lenders cut back rates to attract more customers, the central bank said Monday.
Your Money Outlook: Fed moves will hit mortgage borrowers (Bankrate.com via Yahoo! Finance)
Homeowners with adjustable rate or interest-only loans are feeling the impact of the Fed's moves, says Greg McBride.
Mortgage Loan Interest Rates in S.Korea Fall to Record Low (Asia Pulse via Yahoo! Asia News)
SEOUL, June 27 Asia Pulse - Mortgage interest rates in South Korea fell to a record low in May as lenders cut back rates to attract more customers, the central bank said Monday. |
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