Mortgages News

WASHINGTON (Dow Jones) -- Freddie Mac will release long-awaited quarterly and full-year earnings for 2005 on Tuesday, the first glimpse into the company's financial results since Nov. 8. The second-largest buyer of home mortgages, Freddie Mac (FRE) has been getting back to regular financing reporting following an admission it understated $5 billion in earnings. In 2003, Freddie said it would ha ...

Simon Lambert, This is Money26 May 2006 FANCY watching the World Cup on a giant plasma screen television and hearing the roar of the crowd in surround sound? Well, get yourself to Scarborough and take out a mortgage. ON THE BALL: Head to Scarborough and take out a mortgage and you could be enjoying England's World Cup challenge on a giant screen WANT TO KNOW MORE? REPORT: Second time buyers stay put DEAL FINDER: Search for the best mortgage deal GUIDES: Mortgage advice and ti ...

CHICAGO (Dow Jones) -- Fixed-rate mortgages edged up in the week ending Thursday, but adjustable-rate loans ticked down, Freddie Mac's weekly survey showed. But the general upward direction of rates over the last few months is showing an effect on the housing market. The national average on the 30-year fixed-rate mortgage hit 6.62% in Freddie Mac's (FRE) weekly survey, released Thursday, slight ...

Thu 25th May 2006 Two new Britannia Building Society 150th Anniversary Lifetime Trackers Mortgages have been launched today to celebrate the milestone. The first new offer has a base rate of +0.35 per cent on remortgages for the life of the mortgage, with an arrangement fee of £99. The second product is a new lifetime tracker which is available for first-time buyers, movers and cu ...

BOSTON (Dow Jones) -- Shares of home builders were buoyed early but then pulled back in afternoon trade Wednesday after a Commerce Department report that new-home sales jumped a better-than expected 4.9% in April from the previous month's revised amount. Although the monthly figures are often revised and economists warn that trends in the housing market can be spotted only after several months, ...

This is Money24 May 2006 The Law Lords ruled in favour of ex-wives today in a major legal ruling on two big money divorce cases. CASHING IN: Melissa Miller was awarded a settlement worth £5m despite only being married for less than three years WANT TO KNOW MORE? REPORT: Split couples hit by stamp duty GUIDES: Tax tips and advice READER SERVICE: Will writing: OTHER STORIES Scot Power to hike prices again Market report: Wednesday 12.30 Borrowers taking on lif ...

Liz Phillips, Daily Mail24 May 2006 THE lure of a place in the sun has never been greater. But for many a holiday home remains just a dream. Liz Phillips looks at ways to cut the cost of buying a property abroad. HOME AND AWAY: The Dimbylow family stretched their purchasing power by buying a 12th share in an Algarve villa WANT TO KNOW MORE? REPORT: New horizons for holiday homes DEAL FINDER: Best remortgage deals GUIDES: Buying and selling tips POLL: Who will win the World C ...

Michael Clarke, This is Money24 May 2006 PEOPLE contacting the Citizens Advice Bureau for debt advice are so deep in the red that it will take them an average of 77 years to pay off their loans. BILL WORRIES: Citizens Advice says it could take 77 years to clear debts WANT TO KNOW MORE? GUIDES: Clear your debt EXPERTS: Debt advice READER SERVICE: Check your credit rating POLL: How will you cope with debt this year? OTHER STORIES Scottish Power to hike prices again Mark ...

Geoff Foster, Daily Mail24 May 2006 'ENOUGH is enough,' screamed buyers as they returned to the London stock market with a vengeance, bringing an abrupt halt to the Footsie's dramatic collapse which has seen it plummet almost 10% from its mid-April high of 6132. OTHER STORIES Market report: Wed preview Sunday newspaper share tips Solid trio in a time of uncertainty Smaller companies r ...

Michael Clarke, This is Money24 May 2006 PEOPLE contacting the Citizens Advice Bureau for debt advice are so deep in the red that it will take them an average of 77 years to pay off their loans. BILL WORRIES: Citizens Advice says it could take 77 years to clear debts WANT TO KNOW MORE? GUIDES: Clear your debt EXPERTS: Debt advice READER SERVICE: Check your credit rating POLL: How will you cope with debt this year? OTHER STORIES Bank backs down on credit card perk Cash ...