Finance & Mortgage

Banks Granting More Multi-Million Dollar Mortgage Loans

More banks in the U.S. are approving multi-million dollar mortgage loans to wealthy buyers as rates remain at record lows, according to some news reports.

US Housing Market Stabilizing, Freddie Mac

The U.S. real estate market is stabilizing with housing activity stalling in several states, according to Freddie Mac's latest Multi Indicator Market Index (MiMi).

US Mortgage rates Remain Unchanged at Record Lows

Mortgage rates in the U.S. for the week ended Thursday, July 24 remained relatively flat, according to the latest mortgage index survey by Freddie Mac, the government backed lending giant. Rates held steady at record lows boosting affordability for potential home buyers.
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