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'Loan mortgages move won't dampen mart'... Read »»The proposal to impose a 80 per cent loan-to-value ratio (LVR) for mortgages will not dampen the property market in the long run, said Minister of Housing and Local Government, Datuk Wira Chor Chee Heung. Nevertheless, Chor said, there was a need for a certain structure to ensure it would not be a burden for the lower-income group to own a house. "To enable the lower-income group to purchase ...
O.C. on track for fewest mortgages in a decade... Read »»
Orange County is on track to record the fewest mortgages since 2000 despite record-low interest rates, figures from a research report show. The Pomona-based Real Estate Research Council of Southern California reported that the number of loans...
'80pc loan mortgages will not dampen market'... Read »»
The proposal to impose a 80 per cent loan-to-value ratio (LVR) for mortgages will not dampen the property market in the long run, said Minister of Housing and Local Government, Datuk Wira Chor Chee Heung.
New regulations affecting mortgages have come into... Read »»
A number of new banking regulations, largely pertaining to mortgages denominated in foreign currencies, came into force on August 23. They comprise the first part of the so-called Recommendation T, which was published by the Financial Supervision Authority (KNF) in February and has since fueled fears of new restrictions on lending.
Underwater mortgages: Saving your home from financ... Read »»
Are you underwater? Many local residents have found themselves in underwater mortgages, which means that a homeowner owes more debt on a house than what it's worth. Houses that can't be sold for what's left on their mortgages are one of many symptoms of the current recession. It's a serious problem in Ohio, but it's worse in many other states. By date (default) read more
No Money Down Mortgages, Small Programs, Creep Bac... Read »»
Fannie Mae is getting back in the market for mortgages with no down payment, available to new home buyers in four states.
Mortgages: Fixed-rate mortgages, 5-year ARMs hit r... Read »»
Fixed-rate mortgages and 5-year ARMS are at record lows this week.
Home owners to be moved off interest-only mortgage... Read »»
Home owners with interest-only mortgages are being made to pay higher monthly payments after being moved onto costly capital repayment deals amid fears of a double-dip in house prices.
Banks looking at extending data sharing to mortgag... Read »»
The Hong Kong Association of Banks is working toward extending the sharing of positive credit data related to consumer loans to mortgages.
KBC News... Read »»
S&L Mortgages a division of the KCB group Tuesday signed a partnership agreement with the National Housing Corporation that will facilitate the construction and sale of over 770 housing units in Nairobi.