Diane Alter – AHN News Reporter Arlington, VA, United States (AHN) – Mortgage rates fell to new lows again for the week ended May 10, with the 30-year averaging 3.83 percent. Freddie Mac said in a statement Thursday, “Following April’s weaker than expected employment report and the French and Greek election results raising concerns over [...]
Archive for the ‘Mortgages’ Category
Mortgage rates fall to new low–again
May 12th, 2012 
davidguide 
Posted in Mortgages 
Tags: adjustable mortgages, AHN, fixed mortgage rates, mortgage applications, mortgage bankers association, news, percent, period, time lows, Treasury, treasury bond yields, year fixed mortgage 
Comments OffThousands of Libyans still afraid to return home
May 2nd, 2012 davidguide Tripoli, Libya (IRIN) – Six months after an uprising brought down Muammar Gaddafi’s government, thousands of displaced Libyans are still living in abandoned construction sites, empty student dormitories or with host families, too afraid to return to their homes. “We want to go back but cannot,” said Abdul Aziz al-Irwi, who lives in Sidi Slim [...]
Posted in Mortgages Tags: bani walid, muammar gaddafi, opposition fighters, student dormitories, th centuries, tripoli libya, zintan Comments OffShort sales up in housing market
April 22nd, 2012 davidguide Diane Alter – AHN News Reporter New York City, NY, United States (AHN) – Short sales out paced foreclosures in 12 states in January, market research form Realty Trac reported Friday. The increase highlights that more homeowners are finding an easier way out of a distressed home loans with short sales, and that more lenders [...]
Posted in Mortgages Tags: AHN, foreclosure sales, form, home, housing, industry analysts, new mortgage, news reporter, processing services, realty trac, time states, Trac Comments OffMortgage rates virtually unchanged in latest week
April 12th, 2012 davidguide Diane Alter – AHN News Reporter Washington, D.C., United States (AHN) – Mortgage rates remained virtually unchanged in the week ended April 5, another mixed signal about the pace of the economic recovery in the United States. According to the latest report out Thursday by mortgage giant Freddie Mac, the 30-year fixed-rate average remained just [...]
Posted in Mortgages Tags: 30 year fixed rate, Adjustable-rate mortgage, association of realtors, cancelations, d c united, mixed signal, national association of realtors Comments OffIn land of no loans, consumer debt mounts
April 2nd, 2012 davidguide The Media Line Staff Riyadh, Saudi Arabia (The Media Line) – When Reem Muhammad sought a personal loan to pay off some lingering debts, a Saudi bank offered 100,000 riyals ($26,667). The price tag? Repayment of the loan, plus 33,000 riyals. “I took the loan and repaid it, but I never knew what the 33,000 [...]
Posted in Mortgages Tags: credit card debt, Debt, economy, high net worth individuals, Islamic, Law, Media, mortgage law, plastic money, property loans, saudi bank, saudi economy Comments OffMortgage rate rises above 4 percent for first time since October
March 23rd, 2012 davidguide Diane Alter – AHN News Reporter New York, NY, United States (AHN) – The rate on a 30-year fixed mortgage climbed above 4 percent for the first time since October, Freddie Mac reported Thursday. In its weekly report, the mortgage giant noted the average rate on the 30-year fixed rate mortgage increased to 4.08 percent [...]
Posted in Mortgages Tags: 30 year fixed mortgage, 30 year fixed rate, 30 year fixed rate mortgage, AHN, fixed rate mortgage, Mortgage, mortgage activity, news, October, percent, u s treasury, year fixed rate mortgage Comments OffBurkina Faso’s uneasy peace fragile says observers
March 13th, 2012 davidguide Ouagadougou, Burkina Faso (IRIN) – One year on from the start of several months of popular revolts in Burkina Faso, the situation has settled down, but the calm is fragile, say observers. The government has adopted several measures to appease its critics, including upping civil servant salaries, intensifying the fight against corruption, and subsidizing food [...]
Posted in Mortgages Tags: Army, burkina faso, City, civil servant, fight against corruption, government corruption, oil, police brutality, president blaise, Protests, rice, uneasy peace Comments OffSpike in dengue raises health concern
March 3rd, 2012 davidguide Dili, Timor-Leste (IRIN) – An increase in the number of suspected dengue cases in Timor-Leste in 2012, compared with the same period last year, has prompted government health and sanitation warnings. The mosquito-borne virus causes flu-like symptoms known as dengue. If not properly treated, the more severe form of the disease, known as dengue hemorrhagic [...]
Posted in Mortgages Tags: borne virus, capital dili, dengue cases, Dili, hemorrhagic fever, percent, proper medical care, sanitation, skin patches, virus, water, world health organization Comments OffSEC Warns Top Banker of Charges Over Magnetar Deal
February 22nd, 2012 davidguide ProPublica Staff United States (ProPublica) – by Cora Currier According to the Wall Street Journal, the Securities and Exchange Commission has warned a top banker that it may bring civil charges against him for his role in creating a risky collateralized debt obligation, or CDO, that exploded spectacularly as the housing market crashed. It’s the [...]
Posted in Mortgages Tags: agency, cdos, collateralized debt obligation, Deal, delphinus, housing, Mizuho, public evidence, risky assets, SEC, securities and exchange commission, wall street journal Comments OffCongress considers new foreign guest worker program
February 12th, 2012 davidguide Tom Ramstack – AHN News Legal Correspondent Washington, D.C., United States (AHN) – A congressional committee took on part of the nation’s illegal immigration problem Thursday during a hearing on guest worker programs. A House Judiciary subcommittee heard from witnesses from state agricultural programs in California, Georgia and North Carolina who support the idea of [...]
Posted in Mortgages Tags: AHN, bureaucratic obstacles, Congress, guest worker program, house judiciary subcommittee, immigration problem, lamar smith, legal correspondent, seasonal farm work, state, unemployment, Work Comments Off