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Mortgages

A collection of news and information related to Mortgages published by this site and its partners.

Top Mortgages Articles

Displaying items 12-22
  • Standard Chartered to sell Hong Kong consumer business to Pepper-linked consortium: sources

    Standard Chartered has agreed to sell its Hong Kong-based consumer finance business to a consortium that includes Pepper Australia Pty Ltd and a Chinese group, in a deal estimated between $600 million to $700 million, two people with knowledge of the deal...
  • Bright spots in Chicago's housing market for 2015

    Bright spots in Chicago's housing market for 2015
    It's almost time to take down the 2014 calendar and hang up a new one in its place, one that's empty except for plenty of expectations of what the new year will bring. Here are some things to look for on Chicago's housing landscape in 2015. Fewer...
  • Downside of the strong dollar

    Some see a strong dollar as a source of national pride. That's about all it is. When an ascending dollar buys increasing amounts of foreign currencies, the world's financial structure may end up battered. Sure, this may be a good time to plan that...
  • New down-payment considerations for 1st-time buyers

    First-time homebuyers now have more options when it comes to getting a mortgage with a low down payment. The only question is how many of those buyers — who tend to be young, often in their early 30s — will actually benefit from the loans....
  • After seven dormant years, Spain tiptoes back into house-building

    On a street in central Madrid, Juan Jose Perucho points to where he is going to build one of the capital's tallest residential blocks after buying a site bigger than five football pitches from the state-owned metro network. "We've sold faster than ever...
  • Here comes another mortgage binge

    Here comes another mortgage binge
    Plenty of people who go on wild drinking binges end up with sound reasons to avoid repeating the experience: painful hangovers, lasting embarrassment, ruined relationships, encounters with police. But that doesn't stop some of them from doing it again....
  • The Mortgage Professor: Forget the homeownership rate. It's the process that matters

    Because of the widespread belief that homeownership is valuable, the recent decline in the homeownership rate has generated some dismay. The rate, which had peaked at 69.1 percent in 2005, shortly before the financial crisis, has since fallen to 64.8...
  • Bank of Canada says housing-market crash not in the cards

    The Bank of Canada does not foresee the sort of sharp rise in joblessness or mortgage rates that would trigger a major housing market correction, Governor Stephen Poloz said on Thursday. Speaking to reporters in New York a day after the central bank said...
  • Average 30-year mortgage rate rises to 3.93 percent

    Average U.S. long-term mortgage rates edged higher this week after four weeks of declines, but they remained at historically low levels that could entice potential homebuyers. Mortgage company Freddie Mac said Thursday that the nationwide average for...
  • Regulator directs Fannie, Freddie to fill affordable housing fund

    Regulator directs Fannie, Freddie to fill affordable housing fund
    Fannie Mae and Freddie Mac's regulator on Thursday directed the two government-controlled mortgage firms to begin setting aside money for an affordable housing fund established in 2008. Fannie Mae and Freddie Mac's regulator on Thursday directed the two...
  • Florida tops in foreclosures again, 13 of last 14 months

    Florida tops in foreclosures again, 13 of last 14 months
    A year and a half after the Florida Legislature approved a foreclosure-streamlining measure, the state continues to lead the nation for its rate of home repossessions. In November, Florida further cemented its position as No. 1 in the country for...