News Archive: mortgages

10, 2012 May:

US market is at bottom, says mortgage expert

A mortgage expert has added his voice to the crowd of experts saying that America's housing market is reaching its bottom.

04, 2012 May:

US mortgage rates hit new record lows

US mortgage rates hit new record lows this week, with 30-year and 15-year fixed loans both falling again.

03, 2012 May:

US foreclosures fall in March

Foreclosure rates in America fell in March, according to CoreLogic's latest report.

13, 2012 April:

US mortgage rates drop to all-time low (again)

Mortgage rates in the USA have dropped to yet another all-time low this week. The 15-year fixed rate mortgage fell at the beginning of April by 0.1 per cent compared to the previous week and over a whole per cent compared to last year, Freddie Mac's latest survey revealed.

30, 2012 March:

U.S. Mortgage Rates Fall Below 4pc On Weaker Housing Data

U.S. mortgage rates fell below 4 percent following disappointing housing data released in the past week, Freddie Mac said Thursday.

05, 2012 March:

FHA to raise insurance premiums in April

The Federal Housing Administration will raise mortgage insurance premiums this April in order to repair the health of its emergency fund.

23, 2012 February:

Senate committee approves Florida foreclosure fast-tracking Bill

A Florida fast-track foreclosure Bill, which would reduce the amount of time banks can pursue homeowners for back-debt, has been approved by the Senate Judiciary Committee.

21, 2012 February:

98-Year-Old's Birthday Surprise: Eviction Notice From Her Son

On her 98th birthday, Mary Kantorowski got a big surprise from her eldest son Peter. Except it wasn't a present -- it was an eviction notice.

13, 2012 February:

$25bn settlement divides US property markets

The end of last week saw a landmark $25 billion agreement take place in America. The settlement - one of the biggest of its kind - saw mortgage lenders promise to help out 49 states by reducing loans and issuing compensation to foreclosure victims. But now the reactions have set in, the agreement has divided America's property markets. Will the deal reduce the number of foreclosures in 2012?

08, 2012 February:

30-Year Mortgage Rate Falls to 9th Record Low in a Year

The average rate on the 30-year-fixed mortgage fell this week to a record low, the ninth time that has happened in the last year. But even with the cheapest rates in history, the housing market remains depressed.

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