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Record 1.2 million homes hit by foreclosure - CNNMoney.com
News | money.cnn.com | 12 hours 25 minutes ago
That represents 2.8% of all outstanding loans, up from 1.4% of all loans during the same period a year ago, according to a report released Friday by the Mortgage Bankers Association (MBA). And 490,000 of the 45 million home mortgages serviced by MBA members began new foreclosure proceedings.
http://money.cnn.com/2008/09/05/real_estate/foreclosures_rise_again/?postversion=2008090512
Mortgage Delinquency Rate Hits 29-Year High in Second Quarter of 2008
News | www.MortgageNewsDaily.com | 16 hours 37 minutes ago
Mortgage delinquencies for U.S. homes in the second quarter of 2008 moved up six basis points from the previous quarter to 6.41% of all loans outstanding, marking a 29-year high, according to the MBA's National Delinquency Survey released Friday.
http://www.MortgageNewsDaily.com/09052008_Mortgage_Delinquency_Rate.asp
Rates held as housing market falters
News | www.ft.com | Sep 5, 2008
The latest UK and international business, finance, economic and political news, comment and analysis from the Financial Times on FT.com
Yorkshire Building Society cuts fixed-rates
News | www.aboutproperty.co.uk | Sep 4, 2008
Yorkshire Building Society (YBS) has announced it will cut the cost of fixed-rate borrowing, with effect from today.
Mortgage rates down on economic news
News | www.inman.com | Sep 4, 2008
Real estate briefread more
http://www.inman.com/news/2008/09/4/mortgage-rates-down-economic-news
Bank of England sticks to 5% interest rate
News | www.propertyweek.com | Sep 4, 2008
The Bank of England’s Monetary Policy Committee has decided not to ease the cost of borrowing by cutting interest rates – an indication that it’s main concern is rising inflation. ‘This is not encouraging,’ said Keith Steventon, head of research at Atisreal.
http://www.propertyweek.com/story.asp?sectioncode=297&storycode=3121783&c=1
Property Finance (Sept. 1-6): Rubicon Wins Financing Extensions
News | www.costar.com | Sep 4, 2008
In this week's issue: Rubicon won concessions from its lenders to extend its debt deadlines. Plus we give you new <a href="...
http://www.costar.com/News/Article.aspx?id=F94B0A2AC5DC47E0F90057ECF151D095&ref=1&src=rss
UK house prices have crashed by 12.7% in past twelve months
News | firstrung.co.uk | Sep 3, 2008
The latest first time buyer news, the most up to date news service exclusively for first time buyers, first time buyer mortgage news
http://firstrung.co.uk/articles.asp?pageid=NEWS&articlekey=10430
Mortgages: Check Credit Unions for Deals
News | www10.nytimes.com | Aug 31, 2008
Credit union mortgages are not typically marketed through brokers, yet they have grown increasingly attractive in recent months.
Don't Sell Those Ginnie Maes
News | www.businessweek.com | Aug 29, 2008
If you haven’t already discovered it HSH Associates runs a great Web site with lots of free data for checking the latest mortgage rates. One of the things I keep hearing from Realtors and home builders is that rates are...
http://www.businessweek.com/the_thread/hotproperty/archives/2008/08/dont_sell_those.html
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