Archive for April, 2010

(AFX UK Focus) 2010-04-22 15:15 US 30-year mortgage rate flat at 5.07 pct-Freddie
NEW YORK, April 22 (Reuters) – The average 30-year fixed mortgage rate was unchanged in the past week, home funding company Freddie Mac said, to hover just above 5 percent in the final days of federal home buyer tax credits. The average rate stayed at 5.07 percent in the week ended April 22, which was down from the year’s high of 5.21 percent earlier this month.

UK Borrowers Paying Too Much for Life Insurance from their Banks
Some high street banks are charging borrowers twice as much for life insurance as they would pay if they bought independently.

(AFX UK Focus) 2010-04-22 15:15 US 30-year mortgage rate flat at 5.07 pct-Freddie
NEW YORK, April 22 (Reuters) – The average 30-year fixed mortgage rate was unchanged in the past week, home funding company Freddie Mac said, to hover just above 5 percent in the final days of federal home buyer tax credits. The average rate stayed at 5.07 percent in the week ended April 22, which was down from the year’s high of 5.21 percent earlier this month.

Call for an ‘exam for a mortgage’
Mortgages should only be given to some first-time buyers “after study and an exam”, says a debt charity chairman.

Home loans rise as housing market returns to normal after stamp duty holiday
The number of mortgages approved for house purchase edged up by five per cent during March, according to the British Bankers’ Association.

(AFX UK Focus) 2010-04-28 12:15 US home purchase loan demand up, refinancing slips
By Julie Haviv

Your Move housing manifesto
Tonight, the leaders of the main political parties are to debate the economy, with the housing market a key concern in the run-up to the election. Your Move, the largest single estate agency brand in the UK, has produced its own manifesto to help sustain the housing markets recovery.