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Mortgage News

News on Mortgage continually updated from thousands of sources around the net.

3 hrs ago | Tewkesburyadmag.co.uk

Interest rates expected to hold

Two members of the Bank of England's Monetary Policy Committee urged a hike in the rate from 0.5% to 0.75% in August but were outvoted Interest rates are expected to remain on hold next week when policy makers meet for the first time since divisions appeared in their views about when to raise them.

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Related Topix: Mortgage, Personal Finance, Home

6 hrs ago | Chico Enterprise-Record

Beware, mortgage scammers on the rise again

As the housing crisis pummeled struggling homeowners, scammers pounced. They offered "easy" loan modifications and "foreclosure counseling" that were often nothing more than attempts to wrest money from distressed consumers.

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Related Topix: Home, Mortgage, Personal Finance, Foreclosures

10 hrs ago | Los Angeles Times

Thinking of borrowing? Low mortgage rates may be poised to rise

This time next year, the Mortgage Bankers Assn. projects, the average interest rate on a 30-year fixed-rate mortgage will be 5.2%, its highest level since early 2010.

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Related Topix: Home, Mortgage, Personal Finance, Home Buying, Housing, Los Angeles County, CA, Home Selling

13 hrs ago | Mortgage News Daily

Mortgage Rates Unchanged Near 2014 Lows Ahead of 3-Day Weekend

Mortgage rates barely budged today. A few lenders were a bit higher than yesterday.

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Related Topix: Mortgage, Personal Finance, Home, Recreational Vehicle, Hallmark

17 hrs ago | Business Journal

Bank of America wants 'Hustle' verdict thrown out

Bank of America Corp. may have put a historically huge settlement in its rearview just last week, but that doesn't mean the Charlotte-based financial giant is finished with its legal maneuvering just yet.

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Related Topix: Banking, Bank of America, Financial Services, Personal Finance

21 hrs ago | MarketWatch

Can you afford retirement? 5 ways to make sure

Retirement is hard work these days. How do you generate enough income in a world where the S&P 500 yields roughly 2% and 10-year Treasury notes offer 2A1 2%? Suppose you retire at age 65, at which point you're eligible for $20,000 a year in Social Security retirement benefits.

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Related Topix: Personal Finance, Retirement, Social Security, Pension, Financial Markets

Fri Aug 29, 2014

WHTC

U.S. second-quarter growth much stronger; jobless ...

The U.S. economy rebounded more strongly than initially thought in the second quarter with more of the growth being driven by domestic demand and less by restocking by businesses.

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Related Topix: Financial Markets, Housing, Home, Mortgage, Personal Finance

The New Zealand Herald

Increasing payments cuts years off couple's mortgage

David Hamilton and his fiancee Lyna Pen are in their 20s but hope to be mortgage-free within 10 years.

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Related Topix: Personal Finance

Clyde 2

Annual House Price Growth Hits 11% Says Report

The slowdown in house price growth of recent months could have been short-lived, with home costs accelerating in August.

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Related Topix: Mortgage, Personal Finance, Home

CTV

Andrew Garfield stars in Venice Film Festival drama '99 Homes'

The Sunshine State looks pretty shady in Ramin Bahrani's Orlando-set drama, one of 20 films competing for prizes at the Venice Film Festival.

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Related Topix: Goodbye Solo, Real Estate, Home Listing, Home, Mortgage, Personal Finance, Foreclosures

Chelmsfordweeklynews.co.uk

House prices surged by 11% year-on-year in August, Nationwide says

House prices surged by 11% year-on-year in August to reach another new all-time high of A 189,306 on average, Nationwide has reported.

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Related Topix: Home Listing, Home, Mortgage, Personal Finance

The New Zealand Herald

KiwiBank lifts profit 3pc

Kiwibank, the state-owned lender, lifted annual profit 3 percent as it widened net interest margins, and is looking to start paying dividends to its owner in the next three years.

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Related Topix: Mortgage, Personal Finance, Home

Thu Aug 28, 2014

Worcester News

Signs of housing market cool down

The gap between house sellers' asking prices and the amounts that buyers are willing to pay is widening in growing signs of a cool down in the market, property analyst Hometrack has reported.

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Related Topix: Home Listing, Mortgage, Personal Finance

Brandon Sun

Quebec-based Laurentian Bank increases its third-quarter net income

Laurentian Bank reported Thursday a third-quarter profit of $40.1 million, up from a year ago, helped by its commercial banking business.

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Related Topix: Mortgage, Personal Finance, Home

Park Record

Average US 30-year mortgage rate at 4.1 percent

Mortgage company Freddie Mac also said Thursday that the average for a 15-year mortgage, a popular choice for people who are refinancing, rose to 3.25 percent from 3.23 percent.

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Related Topix: Home, Mortgage, Personal Finance, Housing, Park City, UT

Park Record

Contracts to buy US homes rise in hopeful sign

More Americans signed contracts to buy homes in July, a sign that buying has improved as mortgage rates have slipped, the number of listings has risen and the rate of price increases has slowed.

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Related Topix: Home, Mortgage, Personal Finance, Real Estate, Housing, Home Buying, Park City, UT

NewsOK.com

US bank earnings up 5.2 pct in 2Q

U.S. banks' earnings rose 5.2 percent in the April-June quarter from a year earlier, as banks reduced their expenses and lending marked its fastest pace since 2007.

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Related Topix: Federal Deposit Insurance, Financial Services, Home, Mortgage, Personal Finance

KRNV-TV Reno

Contracts to buy US homes rise in hopeful sign

More Americans signed contracts to buy homes in July, a sign that buying has improved as mortgage rates have slipped, the number of listings has risen and the rate of price increases has slowed.

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Related Topix: Home, Mortgage, Personal Finance, Real Estate, Housing

St.Petersburg Times

Russia's biggest lender, Sberbank, is looking to boost mortgage sales ...

A popular Russian superstition maintains that it is good luck if cats are first to enter a new home.

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Related Topix: Home, Mortgage, Personal Finance

Brandon Sun

Housing more affordable in second quarter as low rates offset high home prices

The Royal Bank says housing was more affordable across Canada in the second quarter as low mortgage rates offset solid price increases.

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Related Topix: Housing, Mortgage, Personal Finance, Home

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