Mortgage Newswire
Comprehensive Real-Time News Feed for Mortgage.
Results 1 - 20 of 242,008 in Mortgage
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Home sales continue to climb
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... of overall economic growth, lifting not just the pace of home building but also retail sales. Near record low mortgage rates coupled with improving unemployment, a drop in foreclosures and a tight supply of homes for sale have all combined to lift ... Comment?
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Richard Bammer: Biz Kid$ fills student, business, societal needs
... the difference between net pay and a deduction; the differences between renting or buying a home -- and how much a mortgage actually costs over the life of the loan, typically 30 years; the difference between a certificate of deposit and a standard ... Comment?
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5 Reasons the Housing Market Will Keep On Rising
... are looking to shed their apartments and buy homes. The NAR says that 51% of renters are qualified for a home mortgage, up from 24% in 2005. "Just looking at the financial qualifications, this means there are about 8 million more renters with the ... Comment?
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Bernanke warns against hitting the brakes too soon
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... engaged in a controversial stimulus policy known as quantitative easing, in which it buys $85 billion a month in mortgage-backed securities and Treasury bonds. The policy is intended to reduce long-term interest rates, and thereby stimulate the ... Comment?
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Fla.'s Housing Market Shows Strong Gains in April 2013
... MLS stands for multiple listing service. According to Freddie Mac, the interest rate for a 30-year fixed-rate mortgage averaged 3.45 percent in April 2013, lower than the 3.91 percent average during the same month a year earlier. To see the full ... Comment?
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Some Respect for Mike Lazaridis of BlackBerry
... dn't even talk to him about his company for 10 years. (It was at that time that Lazaridis met Balsillie, who took a mortgage out on his house to invest in RIM and join the company in management.) Comment?
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US home sales tick up to highest in 3 1/2 years
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... percent from 28 percent in April 2012. Distressed sales include foreclosed homes and homes in which the size of the mortgage exceeds the home's value. But first-time buyers made up only 29 percent of sales last month, the lowest proportion in more ... Comment?
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Fears of Sandy Damage Dog a Key Jersey Shore Industry
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Mark O'Donnell usually books his family's summer vacation in January. For the last dozen years, that meant reserving an oceanfront house for a week in Long Beach Island, a quiet cluster of beach towns on the New Jersey shore. Comment?
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On top of big salaries, companies pile on perks
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Chipmaker Advanced Micro Devices bought the house CEO Rory Read struggled to sell for $790,000 - and gave him another $180,000 to cover his underwater mortgage. Comment?
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Bernanke signals Fed to maintain stimulus efforts
... and encourage borrowing and spending. The Fed has said it plans to continue its $85 billion-a-month in Treasury and mortgage bond purchases until the job market improves substantially. Investors have been closely scrutinizing policymakers' comments ... Comment?
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Four Reasons Housing Recovery Isn't Yet Boosting Economy
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... Ironically, rising rates could help, because that will dry up the gravy train of refinances that have kept mortgage lenders well fed over the past two years. With less refinance business, banks will have greater incentives to compete for business, ... Comment?
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Mortgage lobby group says housing starts will plunge 25-30 per cent by 2015
The association representing Canada's mortgage industry is warning that new-home construction will drop dramatically within the next two years, resulting in a loss of about 80,000 construction and related jobs by mid-2015. The association says the housing industry has begun to show the impact from the federal government's decision to tighten rules ... (more) Comment?
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Wells Fargo Leads Fraud Management by Launching 3-Domain Verification for Commercial Card Customers
... assets. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, insurance, investments, mortgage, and consumer and commercial finance through more than 9,000 stores, 12,000 ATMs, and the Internet ( wellsfargo.com ), and has ... Comment?
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Forecast: Ga. Economy to boost jobs 1.8 percent, income 2.5 percent
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... of Georgia homeowners no longer can tap home equity to supplement their cash flow because they owe more on their mortgage than their home is worth, and the result is tepid consumer spending despite pent-up demand. "The battle will be fought between ... Comment?
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Bernanke: Premature tightening carries substantial risk
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... years. Besides ultra-low interest rates, the Fed has also resorted to the purchase of U.S. Treasury bonds and mortgage-backed securities - currently at a pace of $85-billion (U.S.) a month - in a program known as quantitative easing. Some observers ... Comment?
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Greystone Welcomes Andrew Warren to Affordable Housing Preservation Group
... York with a presence in 35 states and 17 offices, Greystone is active in four major business segments: Multifamily Mortgage Finance, Proprietary Investment, Healthcare and Real Estate. Greystone's mission is to apply unparalleled creativity while ... Comment?
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Stonegate Mortgage Corporation Raises $115 Million in Private Offering of its Common Stock
)--Stonegate Mortgage Corporation, a leading specialty financial services firm focused on the U.S. residential mortgage market, announced today that it has raised $115 million in a private offering of its common stock. FBR Capital Markets & Co ... Comment?
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... 680. Back then, Adobe was the good guy, the saviour, bringing a Quark alternative that was better and didn't need a mortgage to buy it. That view of Adobe has deteriorated over the years however. It's felt more and more like paying for bug fixes and ... Comment?
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Gold Climbs Ahead of Bernanke Testimony
... emerged Tuesday and suggested that the Fed's current monthly purchases of $85 billion in longer-term Treasuries and mortgage-backed securities is the best monetary policy option in the current economic environment. Fed Chairman Ben Bernanke will ... Comment?
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Investing in P2P Loans: Learn to Love Defaults and Late Payments
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... are trying to get an interest rate which is below what they would have to pay to a credit card company. Like a mortgage, these loans are amortizing, meaning that the borrower makes regular payments of interest and principal. Peer-to-Peer loans can ... Comment?
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