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US home loan demand drops despite drop in rates

Reuters - Julie Haviv - ‎22 minutes ago‎
NEW YORK, Feb 10 (Reuters) - US mortgage applications dipped last week, reflecting reduced demand for home purchase loans even as rates on ...

In Pennsylvania, Hope for CMBS

Wall Street Journal - ‎11 hours ago‎
The bank made the $41.5 million loan with an intention of selling it as part of a new commercial-mortgage-backed security, or CMBS, offering that also would ...

New Jersey Jumbo borrowers continue to fall behind

The Star-Ledger - NJ.com - Sean Sposito - ‎19 hours ago‎
About 14 percent of all prime-mortgage borrowers were “underwater” in September -- meaning they owed more on their mortgage than their property was worth, ...

Zillow: Pennsylvania mortgage rates rise, but stay below 5%

Pittsburgh Business Times - ‎17 hours ago‎
New Jersey tied with Pennsylvania for the sharpest increase week-over-week. Seattle-based Zillow compiles rates quoted by 4000 participating mortgage ...
Fed Leaving Door Open to Extend Mortgage Backed Security Purchases Real Estate News | BiggerPockets.com (blog)

Treasurys Fall On Hope Of Financial Aid To Greece,Debt Supply

Wall Street Journal - ‎15 hours ago‎
The selling Tuesday extended the down trade from Monday, which put a brake on a rally a week earlier when worries over euro-zone sovereign debt and fiscal ...

Fed to Outline 'Exit Strategy'

Wall Street Journal - Jon Hilsenrath - ‎Feb 8, 2010‎
The nature of its exit from today's unusually low interest rates will affect everything from mortgage rates and what companies pay on short-term borrowings ...

Housing Rebound in Canada Spurs Talk of a New Bubble

Wall Street Journal - Phred Dvorak - ‎Feb 8, 2010‎
Vaughn Gray, one of her clients, had agreed to buy a one-bedroom apartment the week Lehman collapsed. As he was completing the paperwork, his mortgage agent ...
What issue? HoweStreet.com

AAXA Discount Mortgage finds a new home

StarNewsOnline.com - Wayne Faulkner - ‎7 hours ago‎
Wilmington-based AAXA, a mortgage broker and a call center for mortgage business, said last week that it was closing its offices across 25 states after a ...

New financing model needed

Tampa Tribune - ‎Feb 8, 2010‎
Moving to a new model of mortgage finance is not easy because it provokes resistance from the old system's stakeholders, who range from mortgage bankers to ...
Prosecutor, Charge Thyself Wall Street Journal

Mortgage rates move little over week: Freddie Mac

MarketWatch - Amy Hoak - ‎Feb 4, 2010‎
4, up from 4.98% last week. The mortgage averaged 5.25% a year ago. Times have changed, and the square footage of new American homes is dropping. ...
Mortgage Rate Back Above 5% Wall Street Journal
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