Mortgage defaults surge to record

Mortgage defaults surge to record
AUSTRALIAN mortgage delinquencies have surged to record highs, the latest sign of cracks in what used to be a booming property market.
Read more on The Australian

Falling prices, low-rate mortgages put record number of homes in South Florida within the grasp of average people

Falling prices, low-rate mortgages put record number of homes in South Florida within the grasp of average people
Falling prices, low-rate mortgages put record number of homes in South Florida within the grasp of average people
Read more on The Palm Beach Post

Housing sales won’t beat ‘07 record this year: report

Housing sales won’t beat ‘07 record this year: report
Canadian real estate sales this year are expected to come in about 15 per cent below their peak in 2007 but will hover close to the 10-year average, according to a home sales report from Scotiabank.
Read more on CTV.ca

Wells Fargo Reports Record Profit on New Loans, Reserve Release

Wells Fargo Reports Record Profit on New Loans, Reserve Release
Wells Fargo & Co. , the largest U.S. home lender, posted a record profit as lending expanded for the first time in at least a year.
Read more on Bloomberg

US foreclosures hit record 2.9m in 2010: analyst

US foreclosures hit record 2.9m in 2010: analyst
WASHINGTON: Banks moved to repossess a record 2.87 million US homes in 2010 as the two-year-old mortgage crisis continued to weigh heavily on the economy, foreclosure specialist RealtyTrac said.
Read more on Channel NewsAsia

Prime U.S. Mortgage Foreclosures Rise to Record on Unemployment

Prime U.S. Mortgage Foreclosures Rise to Record on Unemployment
Foreclosures on prime fixed-rate mortgages in the U.S. jumped to a record in the third quarter as unemployment strained household budgets of the most credit- worthy borrowers.
Read more on BusinessWeek

Mortgage rates hit record lows

Mortgage rates hit record lows
That should spur home buying and refinancing, but other factors are holding consumers back.
Read more on Minneapolis-St. Paul Star Tribune

Mortgage Rates Set New Record Low

Mortgage Rates Set New Record Low
Freddie Mac Says Average Rate Drops to 4.17 Percent for 30-Year Fixed Loans After Fed Announces Bond Buyback Plans
Read more on CBS News

Freddie Mac: Mortgage rates at record lows on QE

Freddie Mac: Mortgage rates at record lows on QE
SAN FRANCISCO (MarketWatch) — Freddie Mac said Thursday the 30-year fixed-rate mortgage average fell to a record low of 4.17% with an average 0.8 point for the week ending Nov. 11. In the previous period, the average was 4.24%, and the year-ago average was 4.91%. The 15-year [...]

Mortgage rates: 30-year fixed loans rise to 4.24 percent, near record low

Mortgage rates: 30-year fixed loans rise to 4.24 percent, near record low
WASHINGTON — Rates on 30-year fixed mortgages edged up this week to an average of 4.24 percent, still close to their lowest level in decades. The average rate for 30-year fixed loans rose from 4.
Read more on Inside Bay Area

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