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The rate on the 30-year home loan fell from 3.99 percent the previous week, Freddie Mac said Thursday. This week's 3.94 percent average matches the lowest on records dating to the 1950s. The average on the 15-year fixed mortgage fell to 3.21 ...

Average 30-year loan rate ties record: 3.94 pct.

Britain is to propose stricter rules for mortgage lending that aim to prevent a recurrence of irresponsible practices -- such as "liar loans" -- that led to the global financial crisis. The UK financial watchdog -- the Financial Services Authority -- will ...

Britain Proposes Stricter Mortgage Market Rules

... has taken this action because recent developments have led mortgage lending in Massachusetts to no longer be viable," the company said in a statement. GMAC said it will continue to make loans to Massachusetts customers through its direct lending business.

UPDATE 5-GMAC to stop some mortgage loans in Massachusetts

SEOUL -(Dow Jones)- Growth in South Korean banks' household mortgage loans slowed in November on decreased borrowing related to apartment down payments, the Bank of Korea said Wednesday. Mortgage lending to households rose in November by KRW1.5 trillion ...

S Korea Banks' Mortgage Loan Growth Slows In November

residential mortgage loans and other residential mortgage assets in the United States. The Company is externally managed and advised by ARM Manager, LLC, a Delaware limited liability company, an indirect subsidiary of Apollo Global Management ...

Apollo Residential Mortgage, Inc. Announces Fourth Quarter 2011 Dividend of $0.30 per Share

If you're over 62 and need to borrow against your home equity, what's the better option? A reverse mortgage or a home equity loan/line of credit? Both have advantages and disadvantages. A reverse mortgage is costlier, but doesn't have to be ...

Reverse Mortgage vs. Home Equity Loan

The Bellevue & Seattle area has a great new resource for mortgage-related questions. Jeff McGinnis, a loan officer for Wallick & Volk has a new website designed to be a guide to the confusing world of mortgage banking. Jeff is a conventional, FHA ...

Wallick & Volk Loan Officer Launches New Bellevue Seattle, WA Mortgage Website

according to the Mortgage Bankers Association. High unemployment and scant wage gains have made it harder for many people to qualify for loans. Many Americans don't want to sink money into a home that could lose value over the next three to four years.

Rate on 30-year fixed mortgage hovers at 4 pct.

The other key advantage for a term five years or longer is you get to use the rate on your contract to qualify for a mortgage as opposed to the current five-year posted rate of 5.39%. The difference means you'll qualify for a larger loan by locking in.

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