Topic: Mortgage Banking and Services

Freddie Mac posts 2009 loss of 21.5 billion dollars

Embattled US mortgage finance giant Freddie Mac said Friday it posted a net loss of 6.5 billion dollars in the fourth quarter to cap a whopping full year deficit of 21.55 billion dollars. Freddie Mac, which was seized by the government and placed into conservatorship along with rival ...
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UK mortgage loans at 8 1/2 year low in January

UK's major banks say mortgage lending at 8 1/2 year low in JanuaryMortgage lending in Britain hit the lowest level in 8 1/2 years in January at 8 billion pounds ($12.4 billion), major banks reported Tuesday. The British Bankers Association report is in line with last ...
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Rates on 30-year home loans fall to 4.93 pct

<div id="subtitle">Rates on 30-year mortgages drop to 4.93 pct, second straight weekly decline</div><div><p>Rates for 30-year home loans edged lower for the second straight week, a report said Thursday, but remained above last year's record ...
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Rates on 30-year mortgages average under 5 pct

<div id="subtitle">Average rates on 30-year fixed mortgages slip below 5 percent this week</div><div><p>Rates on 30-year fixed mortgages fell slightly this week, dipping below 5 percent, the mortgage financier Freddie Mac said Thursday.</p>&lt ...
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