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June sees 23% rise in UK mortgage approvals - Belfast Telegraph
The housing market showed further signs of stabilising during June with a 23% jump in the number of mortgages taken out by people buying a home, new figures show. Around 45,000 mortgage were ...
Big News Network

Banks profiteering on mortgages with record gap between borrowing and lending rate
Banks making highest profits on mortgages since records began as customers also face record overdraft and personal loan costs.
Telegraph

Accounting Tied to Lack of Loan Modification - BusinessWeek
Posted by: Theo Francis on August 11 In the Gordian knot that is the financial crisis, there’s a surprising thread that connects many of the most intractable problems, including toxic assets, the s...
Big News Network

House-Hunters Need to Sharpen Aim
If the real-estate market continues to improve, investors might start to discriminate more between home-building stocks.
Wall Street Journal

IAS: Denver-area home prices down 9.6% in a year
Median home prices in metro Denver declined 9.6 percent in June from the same month a year ago, with a 15 percent decline in the city of Denver itself, according to monthly data issued Tuesday by Integrated Asset Services LLC of Denver.
Biz Journal

Dubai faces prospect of over 30,000 empty homes by end 2009, says JP Morgan
UAE. Dubai may have 30,600 vacant homes by the end of the year as new supply comes to market and the population shrinks, while Abu Dhabi faces a shortage of 28,000 residential units.
Business Intelligence Middle East

Zillow: Slight Housing Stabilization in 2Q 2009. Hurdles Ahead
The second quarter 2009 report was released on Tuesday. It reported that, while home prices have continued to fall for the 10th quarter in a row, the rate of decline has flattened significantly. U.S. home values were down 12.1 percent year-over year to an index average of $186,500. This is a smaller year-over-year change than the 12.4 percent decline reported for Quarter 1 and much of those losses occurred early in the quarter. Prices fell less than 1 percent from May to June...(read more)
Mortgage News

UK stops dodgy credit-card loan deals
The UK Ministry of Justice has closed down many sales operations which have promised to write off debts or secure personal injury compensation.
Big News Network

Silicon Valley foreclosure sales fall
But the number of people on the brink of losing their home grew, a real estate information service reported.
Mercury News

State dealt decisive blow in tobacco funds dispute
The Strickland administration will mount an appeal to a Tuesday court ruling that prohibits the state from using $230 million in smoking prevention funding to help pay for home-care services under Ohio's latest budget.
Biz Journal

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Archived "business - home loans" news stories.

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September 2009
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