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Mortgage News

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

48 min ago | 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

5 hrs ago | 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

9 hrs ago | 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

11 hrs ago | 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

11 hrs ago | 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

11 hrs ago | 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

13 hrs ago | 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

17 hrs ago | 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

Wed Aug 27, 2014

Park Record

Survey: Americans' pessimism on economy has grown

Americans are more anxious about the economy now than they were right after the Great Recession ended despite stock market gains, falling unemployment and growth moving closer to full health.

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Related Topix: Rutgers University, Home, Mortgage, Park City, UT

Brandon Sun

Business Highlights

Insurers can no longer reject customers with expensive medical conditions thanks to the health care overhaul.

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Related Topix: US News, US Senate, Democrat, US Politics, Maria Cantwell, Personal Finance, Small Business, Home, Mortgage

Sydney Morning Herald

The downside to mortgage wars

A new submission from the Reserve Bank has cautioned against policies that could boost competition in home loans.

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Related Topix: Home, Mortgage, Personal Finance

Nanaimo Daily News

Cypriots protest proposed foreclosures legislation mandated by bailed-out country's creditors

Hundreds of Cypriots have staged a protest outside the presidential palace against proposed legislation aimed at helping the bailed-out country's beleaguered banks collect on bad loans.

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Related Topix: Foreclosures, Mortgage, Personal Finance, Home

WHAS11

SEC adopts rules on loan-backed securities

Financial firms that sell securities backed by loans, like the kind that fueled the 2008 financial crisis, will have to give investors details on borrowers' credit record and income under action taken Wednesday by federal regulators.

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Related Topix: Securities and Exchange Commission, Corporate / Securities Law, Law, Home, Mortgage, Personal Finance

The Globe and Mail

Canadian banks 'feel good' about prospects for mortgage business

The Globe's Real Estate Beat offers news and analysis on the Canadian housing market from real estate reporter Tara Perkins.

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Related Topix: Home, Mortgage, Personal Finance, RBC Financial Group, Banking, Financial Services

Moray Firth Radio

Housing Market Pays Dividends At Foxtons

The London-focused estate agents saw its pre-tax profit up by 57% to A 23.1m in the six months to June 30. The special dividend payment is more than half of the group's profit before tax and is the second pay out since it returned to London's stock market almost a year ago.

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Related Topix: Mortgage, Personal Finance, Home

Tue Aug 26, 2014

Sydney Morning Herald

Small banks want fairer mortgage fight

Smaller banks say there would be more competition in the mortgage market if regulators freed them from the burden of overly cautious financial safeguards.

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Related Topix: Mortgage, Personal Finance, Home

National Mortgage News

Mortgage Banking Profits Rise in 2Q: MBA

Community Builder or Divider? Homeownership's Pluses and Minuses The benefits of homeownership are often cited in policy debates, though it has some downsides.

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Related Topix: Mortgage, Personal Finance, Home, George Mason University

KIMA

U.S. credit card late payments down in 2nd quarter

Americans are doing a better job of making timely credit card payments, even as many lenders increasingly extend credit to more people with less-than-stellar credit.

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Related Topix: Games, Card Game, TransUnion, Personal Finance

Business News

RBS to be fined A 15m for giving poor sales advice to mortgage customers

The Financial Conduct Authority will fine Royal Bank of Scotland about A 15m for giving poor sales advice to mortgage customers in the latest blow to the taxpayer-controlled bank's reputation.

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Related Topix: Mortgage, Personal Finance, Home

KOAT-TV

Obama announces new efforts for vets

President Barack Obama detailed Tuesday how his administration is attempting to rectify shortfalls in caring for war veterans, just as new threats abroad could require more sacrifices for American military families.

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Related Topix: 2012 Presidential Election, US Politics, US News, Barack Obama, Life, Veteran Affairs, Home, Mortgage, Personal Finance

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