US Mortgage

US homes recovery distressingly slow: Reuters/UMich - Reuters
Reuters

US homes recovery distressingly slow: Reuters/UMich
Reuters
"To be sure, refinancing has reduced the burden of mortgage payments, giving consumers more discretionary income, but the refinancing impact on spending will fade as mortgage rates increase," Curtin said. "Moreover, conventional refinancing is largely …

Read in full at US homes recovery distressingly slow: Reuters/UMich - Reuters

Foreign c.banks US Treasury holdings up in week-Fed
Reuters
However, holdings of securities issued or guaranteed by the two biggest US mortgage financing sources, Fannie Mae (FNM.P) and Freddie Mac (FRE.P), fell $4.254 billion to $806.8 billion in the latest week. Overseas central banks, particularly in Asia, …

Read in full at Foreign c.banks US Treasury holdings up in week-Fed - Reuters

June 19: Market Risk - Low Inflation Figures Push US Mortgage …
Risk Center, NY
Freddie Mac (NYSE:FRE) yesterday released the results of its Primary Mortgage Market Survey (PMMS) in which the 30-year fixed-rate mortgage (FRM) averaged 5.38 percent with an average 0.7 point for the week ending June 18, 2009, down from last week …

Read in full at June 19: Market Risk - Low Inflation Figures Push US Mortgage … - Risk Center

US mortgage borrowing rates soar - Homes Overseas

Published on June 19th, 2009 by admin in US Mortgage

US mortgage borrowing rates soar - Homes Overseas
24dash

US mortgage borrowing rates soar
Homes Overseas, UK
The cost of borrowing a mortgage to buy a USA property soared higher last week, with the average 30-year fixed mortgage rate rising to 5.65%, according to Bankrate.com's weekly national survey. The average 15-year fixed rate mortgage climbed to 5.06%, …
3 Cdn. banks edge up mortgage rates CBC.ca
Advisers urged to fix borrowers now Money Marketing
Fixed rate Mortgages set for imminent increase Introducer Today
Stuff.co.nz  - Mortgage Solutions
all 207 news articles

Read in full at US mortgage borrowing rates soar - Homes Overseas

Cracks seen in foundation of US housing recovery
Globe and Mail, Canada
The result has been a plunge in the number of mortgage applications to the lowest since November, as fewer Americans asked for loans to refinance their existing houses or buy new ones. On top of that, there are few signs that the US government's …

Read in full at Cracks seen in foundation of US housing recovery - Globe and Mail

Fannie, Freddie Were at Center of Financial Crisis But Are Not …
CNSNews.com, VA
The absence of either Fannie or Freddie is notable, because the two companies once owned or controlled nearly $6 trillion worth of home and commercial mortgages, nearly half of the total US mortgage market – and both companies were pioneers of the now …

Read in full at Fannie, Freddie Were at Center of Financial Crisis But Are Not … - CNSNews.com

Decline of West Where Mathewson Rues What RBS Wrought
Bloomberg
“What we did was as an intermediary,” Goodwin said of RBS's role in selling US mortgage debt. “We packaged them and distributed them, and that business can be conducted largely without incident and, when the music stopped, it cleared. …

Read in full at Decline of West Where Mathewson Rues What RBS Wrought - Bloomberg

Mortgage Rates in US Rise to Highest Since November - Bloomberg
Telegraph.co.uk

Mortgage Rates in US Rise to Highest Since November
Bloomberg
By Brian Louis June 11 (Bloomberg) — Fixed US mortgage rates rose to the highest since November, signaling the Federal Reserve's plan to lower borrowing cost is stalling. The average 30-year rate jumped to 5.59 percent from 5.29 percent a week earlier …
VERSACE: Fluctuating US mortgage rates Washington Times
US 30-year mortgage rate held steady on Friday-Zillow Reuters
Need to know: Boeing cuts forecasts … De La Rue passport … Times Online
Washington Post  - Reuters
all 369 news articles

Read in full at Mortgage Rates in US Rise to Highest Since November - Bloomberg

Obama to set up US consumer protection agency - AFP

Published on June 19th, 2009 by admin in US Mortgage

Obama to set up US consumer protection agency - AFP
guardian.co.uk

Obama to set up US consumer protection agency
AFP
The agency will also have the power to reform US mortgage laws to ensure customers get simple mortgage disclosures, and are full aware of risks and benefits of various mortgage products, the official said. US Treasury Secretary Timothy Geithner and …
Video: Geithner Speaks on Regulatory Reform - Bloomberg Bloomberg
Did Obama's reform miss the real culprit? Financial Post
US Treasury defends bank reforms BBC News
Philadelphia Inquirer  - guardian.co.uk
all 5,767 news articles

Read in full at Obama to set up US consumer protection agency - AFP

Obama's Mortgage Refinancing Program May Be Expanded
Bloomberg
A drop in values has left about 20.4 million of the US's 93 million houses, condos and co-ops with mortgages higher than the properties are worth as of March 31, Seattle-based real estate data service Zillow.com said in a report May 6. …
Fannie, Freddie Were at Center of Financial Crisis But Are Not … CNSNews.com
As Mortgage Rates Move, Headaches Follow Washington Post
June 19. 2009: High Points In The US Economy AHN
The National  - Bloomberg
all 120 news articles

Read in full at Obama's Mortgage Refinancing Program May Be Expanded - Bloomberg

USD lower, Moody's may downgrade California
Easy-Forex, Cyprus
The trade will be looking for the Fed's response to the recent sharp rise in US mortgage and long-term interest rates. The Fed may announce a plan to increase its bond purchases to try to drive rates lower or the Fed may state that it plans to keep …

Read in full at USD lower, Moody's may downgrade California - Easy-Forex

Wire Business Briefs — 06/19 - Press-Enterprise

Published on June 19th, 2009 by admin in US Mortgage

Wire Business Briefs — 06/19
Press-Enterprise, CA
Fixed US mortgage rates fell for the first time in four weeks, easing concern higher borrowing costs would discourage refinancing and deepen the housing slump. The average 30-year rate dropped to 5.38 percent from 5.59 percent a week earlier, …

Read in full at Wire Business Briefs — 06/19 - Press-Enterprise

US mortgage rates fall. How big a boon for housing?
Christian Science Monitor
By Laurent Belsie | 06.18.09 After a three-week run-up, US mortgage rates eased down this week, a small but welcome boost to a still-struggling housing sector . The rate for a fixed 30-year home loan averaged 5.38 percent, mortgage giant Freddie Mac …

Read in full at US mortgage rates fall. How big a boon for housing? - Christian Science Monitor

Genworth Financial, Inc. - Financial and Strategic Analysis Review …
PR-Inside.com (Pressemitteilung), Austria
The company operates through three operating segments, namely, Retirement and Protection, International, and US Mortgage Insurance. The Genworth Financial, Inc. - Financial and Strategic Analysis Review is an in-depth business, strategic and financial …

Read in full at Genworth Financial, Inc. - Financial and Strategic Analysis Review … - PR-Inside.com (Pressemitteilung)

Beyond the financial crisis: Some issues on the future of central …
eGov monitor, UK
The turmoil stemming from a relatively small segment of the US mortgage market (the sub-prime segment) has developed over time into a global crisis affecting a number of economies and markets all over the world. The global dimension of the crisis as …

Read in full at Beyond the financial crisis: Some issues on the future of central … - eGov monitor