Tag Archives: fall

Business Briefs: Mortgage rates fall to new low

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Business Briefs: Mortgage rates fall to new low
Average U.S. rates on fixed mortgages fell to fresh record lows this week, a trend that has helped the housing market start to recover this year. Mortgage buyer Freddie Mac says that the average rate on the 30-year loan dipped to 3.34 percent, the …
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Tighter mortgage rules threaten economy's recovery
Other findings show one-third of borrowers made additional or accelerated payments on their mortgage while 87% of homeowners have at least 25% equity in their homes. Lower rates have been excellent for Canadians too. Of the respondents who renewed in …
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The rise and fall of Vijay Mallya: are India's boom times ending?

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The rise and fall of Vijay Mallya: are India's boom times ending?
For Mallya, the self-crowned "king of excellent times", has fallen on hard times. … Much of this new money was concentrated in the "super rich" – one recent study found that billionaires' wealth comprised less than 1% of national income in India in 1996 …
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How to Prepare For the Next Recession
Sometimes those with money to lend or invest get frightened and shift assets into the safest possible places. Then banks tighten credit, non-bank lenders cannot get funds to re-lend, and Main Street businesses suffer. That's possible, but I reckon we'll …
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4 More Years Of What? The Past As Prologue
This is excellent for the world long-term, but it is hard for Americans to compete in this environment, and it depresses American incomes. This is not a small-term problem. It has been with us for most of the last two decades, and it … That will reduce …
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Mortgage rates fall, but so do loan applications

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Mortgage rates fall, but so do loan applications
(MoneyWatch) The pace of new home construction in the U.S. rose 2.3 percent last month, and that was before the Federal Reserve's recent go to ease interest rates helped push mortgage rates to record lows. But while this should be excellent news for the …
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2 High-Dividend Mortgage REITs To Buy On QE3
MFA Financials (MFA) and Invesco Mortgage Capital (IVR) are our two most-favored mortgage REITs. Both have a significant part of their asset portfolio invested in non-agency and adjustable rate securities. The combinations of non-agency with …
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TEXT-Fitch Rates SMHL Securitisation Fund 2012-2 Final 'AAAsf'
Fixed-rate mortgages represent 15.2% of the pool. All loans are covered by lenders' mortgage insurance provided by Genworth Financial Mortgage Insurance Pty Limited and the Commonwealth of Australia. The pool is geographically diversified, with state …
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