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 ‘Real Estate Loans’ Category
Mortgage rates fall to record low
May 4th, 2012
davidguide Diane Alter – AHN News Reporter Arlington, VA, United States (AHN) – Mortgage rates in the U.S. have fallen to a record low-again. The average rate for 30-year fixed loan slipped to 3.84 percent for the week ending May 3, down from 3.88 percent in theor week. It is the lowest ever for the 30-year [...]
Mortgage rates fall to record low
May 4th, 2012
davidguide Diane Alter – AHN News Reporter Arlington, VA, United States (AHN) – Mortgage rates in the U.S. have fallen to a record low-again. The average rate for 30-year fixed loan slipped to 3.84 percent for the week ending May 3, down from 3.88 percent in theor week. It is the lowest ever for the 30-year [...]
Fed leaves rates steady
April 26th, 2012
davidguide Diane Alter – AHN News Reporter Washington, D.C., United States (AHN) – The Federal Reserve, as widely expected, left interest rates unchanged at a meeting of its policy meeting Wednesday, and it reiterated the central bank’s stance of keeping rates at “exceptionally low levels if needed” through late 2014. The Fed also maintained it will [...]
Big Banks Slack on Maintaining Foreclosed Homes in Minority Areas, Complaint Charges
April 18th, 2012
davidguide ProPublica Staff Washington, DC, United States (ProPublica) – by Cora Currier Wells Fargo and U.S. Bank have let foreclosed homes in black and Latino neighborhoods lapse into disrepair, while bank-owned homes in mainly white neighborhoods are better cared-for, according to housing advocates. The National Fair Housing Alliance, a non-profit group, brought a formal complaint to [...]
Mortgage rates virtually unchanged in latest week
April 10th, 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 [...]
In 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 [...]
Slum dweller representatives denounce forced evictions
March 25th, 2012
davidguide Nairobi, Kenya (IRIN) – Slum dwellers from across Africa have urged their governments to stop forced evictions and work towards providing them with adequate shelter and basic services. “Better housing is not a favor our governments should extend to us, but a right that we deserve to be given like everybody else,” said Alhassan Ibn [...]
Israel’s shrinking middle class
March 17th, 2012
davidguide The Media Line Staff Jerusalem, Israel David Rosenberg / The Med – Israel’s middle class – the people who keep the country’s high tech industry humming, pay most of the taxes, serve in the army and volunteer for school committees – is shrinking even as the economy is thriving and unemployment is at its lowest [...]
Mortgage rates for 30-year fixed loans fall in latest week to 3.88 percent
March 9th, 2012
davidguide Diane Alter – AHN News Reporter New York, NY, United States (AHN) – U.S. mortgage rates for 30-year loans declined in the latest week to 3.88 percent. The average rate for a 30-year fixed loan dipped in the week ending March 8 from 3.9 percent, mortgage giant Freddie Mac reported Thursday. The rate stood at [...]
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