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Mortgage lending dips in January

2015-02-19 12:25:23| BBC News | Business | UK Edition

Mortgage lending across the UK continued to fall in January, according to figures from the Council of Mortgage Lenders (CML).

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Real estate agent loses licence, fined 5k over mortgage ramping scheme

2015-02-19 02:18:30| Real Estate - Topix.net

An Auckland real estate agent who was knowingly involved in a mortgage ramping scheme has had her licence cancelled and been fined $5000. The first was for allowing a fraudulent loan application to be made in her name for the purchase of a New Lynn property and the second was for listing and selling three other properties - in Sunnyhills, One Tree Hill and Onehunga - on more than one occasion each, knowing she was doing so to facilitate a fraudulent mortgage scheme.

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Average US rate on 30-year mortgage falls to 3.59 pct.

2015-02-05 19:29:56| Real Estate - Topix.net

In this Jan. 8 2015 photo, real estate agent Sam Golkar enters a house being offered for sale in Cupertino, Calif. Freddie Mac reports on average U.S. mortgage rates on Thursday, Feb. 5, 2015.

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Mortgage approvals hint at sales dip

2015-01-30 12:11:42| BBC News | Business | UK Edition

New figures suggest the recent slowdown in property sales may continue for at least the next few months.

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As mortgage rates begin to decline, brokers predict more cuts on the horizon

2015-01-27 21:23:16| Real Estate - Topix.net

Mortgage brokers say Canadian banks have started cutting some of the rates they offer their most trusted borrowers, and they could come down even further as the spring real estate market gets into full swing. Robert McLister, the founder of RateSpy.com, says Canada's biggest banks are now offering five-year fixed rate mortgages at an estimated 2.84 per cent to their most qualified borrowers.

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