* You are viewing the archive for December 31st, 2007

Irish credit, mortgage growth at fresh lows in Nov - Guardian Unlimited



RTE.ie
Irish credit, mortgage growth at fresh lows in Nov
Guardian Unlimited, UK -14 hours ago
Residential mortgage lending growth also slowed, dropping to 14.2 percent year-on-year, from 15.1 in October, and to its lowest level since March 1996.
Growth in mortgage lending continues to fallBelfast Telegraph
Lending growth rate lowest since October 2003RTE.ie
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RPT-US mortgage bond issuance falls in 2007 - Reuters


RPT-US mortgage bond issuance falls in 2007
Reuters -8 hours ago
NEW YORK, Dec 31 (Reuters) - US mortgage-backed securities issuance totaled $922.1 billion in 2007, down from $1.052 trillion a year ago, Thomson Financial
US ABS issuance falls 30 percent in 2007Reuters
all 10 news articles

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Survey: New year will hammer homebuilders, mortgage lenders - Bizjournals.com


Survey: New year will hammer homebuilders, mortgage lenders
Bizjournals.com, NC -3 hours ago
Other predicted struggling businesses include mortgage lenders (35 percent of respondents) and residential loan origination and servicing firms (32 percent)
Survey: Homebuilders to face 'greatest financial difficulty'Bizjournals.com
all 46 news articles

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MORTGAGE MELTDOWN / The Cil Family - San Francisco Chronicle


MORTGAGE MELTDOWN / The Cil Family
San Francisco Chronicle,  USA -17 hours ago
They must vacate by the end of the year under the terms of a deed in lieu of foreclosure arranged with their mortgage company.

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Inflation Worries Cause Mortgage Rates to Rise Posted By : ratetake

Inflation worries, lead by reports of a jump in consumer spending November along with a rise in inflation during the same period, have caused major lending institutions to raise their 30-Year mortgage rates to above 6 percent. The average rate rose to 6.17 percent in some markets, compared with less than 5.96 percent just three weeks ago.

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Clergy take on US mortgage mess - Reuters.uk


Clergy take on US mortgage mess
Reuters.uk, UK -13 hours ago
These days, many people also are praying about their mortgages. "There are many people in this community who are losing their homes or in danger of losing

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Reverse Mortgages Can Reverse Your Luck! Posted By : Jake Marsh

Looking after an aging parent in their own home often seems to be a good solution to an awkward problem. However, depending on the type of financing on the property in question, things could get difficult.

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When is a Reverse Mortgage NOT Right? Posted By : allreverse

I have seen a lot of good that Reverse Mortgages have done for senior borrowers. Ive seen them change lives and living situations for the better. Ive seen people come out of foreclosure with a reverse mortgage and never have to make another mortgage payment. But is there a time when a reverse mortgage is NOT right? Honestly, yes.

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Remortgaging: What is it all About, Anyway? Posted By : Ajeet Khurana

Remortgaging is a fancy term. But its implications can change your debt profile.

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ARMs versus Fixed Rate - a No Brainer! Posted By : Joe Cline

The mortgage rate right now is very enticing - being the lowest it has been for several years. At the moment, you can negotiate a fixed rate mortgage for around 6%.

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