Finance & Mortgage
Fixed Mortgage Rates Rise for Second Week
George Osborne Authorizes Bank of England to Control Britain’s Hot Property Market
Google and Amazon would make great mortgage bankers: Study
EDITOR'S PICKS
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Developers Apologize After Accidentially Demolishing House Where AC/DC Got Together
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US Housing Affordability Unlikely To Improve Until Prices Fall 40%, Wages Increase 70%: Expert
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Meghan Markle And Prince Harry's Montecito Mansion Now Valued At $29M
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US Housing Supply Hit Four-Year High - But Only Because Homes Are Failing To Find Buyers
As several reports on China's dwindling property market crowd the web, the condition has sparked concerns that the downturn in the second-largest economy of the world could have a domino effect on the global economy, resulting in another great crash. US Average Fixed Mortgage Rates Rise after Six Weeks
After six consecutive weeks of decline, the average fixed mortgage rates rose in the first week of June, according to Freddie Mac, the government backed mortgage giant’s weekly survey. China’s home prices fall in May for the first time in two years
The Chinese real estate balloon could already be deflating as home prices started to decline in May, falling for the first time in two years. However, housing officials of China announced that the decline in prices is “normal” and they are just a “high base effect.” US Mortgage Rates Decline for Fifth Straight Week
Average mortgage rates in the United States inched down, declining for the fifth straight week, Freddie Mac - the government-backed mortgage giant - announced Thursday. 7 US cities with major home price changes (LIST)
The U.S. real estate recovery has been slow albeit steady. This year's winter dampened what could be a good time for home investment. However, experts believe that the spring market will pick up steam. US Mortgage Applications Inch Up 3.6 percent as Interest Rates Hit Record Low
The number of home loan applications went up 3.6 percent this week as mortgage rates hit record lows, according to the Mortgage Banking Association. Living near a foreclosed property could increase blood pressure, study finds
Foreclosures are not just a depressing factor for the owners of the property, but for the neighbors too. A new study conducted by scientists at the Harvard and the National Institutes of Health states that living near a foreclosed home could elevate blood pressure to dangerous levels. Democrats disagree on senate bill to wind down Fannie Mae and Freddie Mac
The recent bill discussed at the senate to wind down Fannie Mae and Freddie Mac, the two government-backed lending giants, was opposed by six democrats, who said they won’t change their stand if major alterations aren’t made to the bill. Fixed mortgage rates hit lowest level in 2014
The average fixed mortgage rates in the U.S. fell to a new low this week, driving down borrowing costs. This week’s rates are the lowest since January 2014, according to Freddie Mac’s latest mortgage survey. Fannie Mae, Freddie Mac: Senate delays bill despite enough support
The much-anticipated senate vote on the bill to eliminate Fannie Mae and Freddie Mac, the two government backed mortgage giants, was postponed Tuesday as the leaders wanted to gather enough support for the bill despite having enough support from the panelists.
