Reuters - Nearly 1 million U.S.
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Housing plan helps nearly 1 million homeowners (Reuters)
Rate on 30-year mortgage falls to record 3.87 pct. (AP)
AP - The average rate on the 30-year fixed mortgage fell this week to a record low, the ninth time that has happened in the last year. Even with the cheapest rates in history, the housing market remains depressed.
Rate on 30-year mortgage falls to record 3.87 pct. (AP)
AP - The average rate on the 30-year fixed mortgage fell this week to a record low, the ninth time that has happened in the last year. Even with the cheapest rates in history, the housing market remains depressed.
Obama calls for $5-10 billion for home refinancing (Reuters)
Reuters - President Barack Obama on Wednesday called on Congress to approve a $5 billion to $10 billion effort to help U.S. homeowners refinance as part of a wider package of proposals to shore up the depressed housing market.
U.S. regulator kicks off foreclosure sales plan (Reuters)
Reuters - The regulator for housing finance firms Fannie Mae and Freddie Mac said on Wednesday investors could now sign up to pre-qualify to bid on foreclosed properties held by the government-controlled firms.
Summary Box: Home prices down for 3rd month (AP)
AP - PRICES FALL: U.S. home prices fell for a third straight month in November in 19 of the 20 major cities tracked by the Standard & Poor’s/Case-Shiller index
Obama administration bolsters homeowner lifeline (Reuters)
Reuters - The Obama administration, in an election-year bid to help distressed homeowners, on Friday expanded its main foreclosure prevention program, and pushed for Fannie Mae and Freddie Mac to forgive mortgage debt.
World stocks slide as US growth data disappoint (AP)
AP - World stocks turned lower on Friday after official data showed the U.S.
Bank of America extends drop in mortgage rankings (Reuters)
Reuters - Bank of America Corp was the fourth-biggest U.S. mortgage lender in the fourth quarter of 2011, continuing its descent in the rankings after it stopped buying loans made by smaller banks.
Rate on 30-year fixed mortgage rises to 3.98 pct. (AP)
AP - The average rate on the 30-year fixed mortgage rose this week for the first time this month, though it remained below 4 percent for the eighth straight week.
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