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Mortgages News


UPDATE: Freddie Mac Net Falls On Litigation Costs
31 May 2006 source: morningstar.com

WASHINGTON (Dow Jones) -- Big mortgage-buyer Freddie Mac, still catching up with regular financial reporting after understating earnings in 2003, said Tuesday that its full-year 2005 income fell as the company took $600 million in charges related to class-action lawsuits and Hurricane Katrina. Freddie reported both full-year and quarterly earnings for 2005 on Tuesday. Net income was $2.1 bil ...


Irish house price growth hits six-year high
30 May 2006 source: today.reuters.co.uk

DUBLIN (Reuters) - Irish house prices accelerated at their fatest rate for six years in the first four months of this year, a survey published on Tuesday showed, as the booming property market continues to defy expectations of a slowdown. The latest edition of the permanent tsb/ESRI House Price Index showed house prices rose by 1.4 percent in April, taking growth in the first third of the year to ...


Mining village is seaside hotspot
28 May 2006 source: thisismoney.co.uk

Simon Lambert, This is Money27 May 2006 IT may not have the sun-kissed style of Nice, or even the wealthy swagger of Sandbanks, but a northern former pit village has been named as a top seaside property hotspot. SEASIDE STUNNER: Seaham may be hundreds of miles from the white cliffs of the south coast but it is Britain's top coastal hotspot WANT TO KNOW MORE? REPORT: Our place in the sun GUIDES: Buying and selling tips DEAL FINDER: Top mortgage deals BLOG: Seaside property is ...


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