World News Story: Mortgage Requests Rise as Rates Near 10-Month Low

U.S. mortgage activity hits 2-month high as interest rates fall: mba. richard leong. 3 Min Read. NEW YORK (Reuters) – U.S. borrowers filed the most loan requests to. U.S. trade gap deteriorated to its worst level in 10 years in October.. Higher interest rates, together with rising home prices, have raised.

 · Purchases of new U.S. homes fell in December to a 10-month low, suggesting the post-election jump in mortgage rates pushed out potential buyers. Single.

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 · However, interest rates are still low and the median value of a house is still under 300k for a house in Phx. The big issue is people can’t come up with 20% because they don’t want to.

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The average rate on the 30-year fixed mortgage hit a three-year low of 3.73% last week, according to Freddie Mac. That means 8.2 million borrowers could refinance and lower their monthly payments.

Mortgage Funding Help For Homeowners There are other state mortgage assistance programs that are run in partnership with the federal government or HUD. Many states are also receiving federal government funds as part of the Hardest hit fund program. This resource is focused on homeowners who have lost their jobs and/or have had a significant reduction in income.

Seattle police and prosecutors believe a 52-year-old Uber driver accused of stabbing a customer in October may still be driving, according to charging documents filed last week. Caption Close Seattle.

The Ford government has cut the deficit, from $15 billion to $11.7 billion in its first year, fuelled by rising tax revenue, cuts outside health and education, and attrition in the civil service.

$39M Settlement Reached for Mortgage Insurance Kickbacks in Florida, New Jersey | Daily Business Review This report examines the developing "ecosystem" of the plaintiffs’ bar, including litigation trends, key lawyers and target industries. The report also looks beyond litigation to examine how the plaintiffs’ bar is attempting to influence public policy and implement a liability-expanding agenda.

Sales of existing homes in the U.S. rose in November to a 10-month high. to lock in lower mortgage rates. Federal Reserve policy makers reiterated at a meeting this month that they will keep the.

We also find many bank loan officers are overwhelmed with requests. with a first mortgage. The good news is you will no longer face the interest rate risk on the line of credit, and you’ll be.

And now, bond funds are being hit in a way that reminds many of the mortgage-backed troubles. a stronger dollar and low commodity prices are having on corporate earnings growth. Corporate default.

Mortgage Rates Rise For 2nd Day, But At A Slower Pace Sep 28 2012, 3:34PM After breaking an impressive streak of improvement yesterday, Mortgage rates are higher again on Friday , but at a slower.