European stock markets fell sharply Tuesday as investors reacted to weak earnings data from US aluminium producer Alcoa, which kicked off the latest results season in the world’s biggest economy. » Read more…
Category Archives: Mortgage Applications
European stocks slide after poor Alcoa earnings
Posted by MORTGAGE BLOG NEWS on March 5, 2011
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Lenders start sign up on ‘piggyback’ mortgage plan
Posted by MORTGAGE BLOG NEWS on March 5, 2011
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Mortgage companies are finally starting to sign up for a long-delayed piece of the Obama administration’s $75 billion foreclosure-prevention program. » Read more…
Home purchase loan demand at lowest since 1997
Posted by MORTGAGE BLOG NEWS on March 5, 2011
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U.S. mortgage applications fell for a third straight week, with demand for home purchase loans sinking to the lowest level in 13 years as inclement weather weighed, data from an industry group showed on Wednesday. » Read more…
New-Home Sales At Record Low In Jan.; Bernanke Soothes
Posted by MORTGAGE BLOG NEWS on March 5, 2011
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New-home sales dived to a record low in January but stocks rallied as Federal Reserve chief Ben Bernanke eased concerns that the central bank will take the economy off life support too soon. » Read more…