PHOENIX–(BUSINESS WIRE)– Arizona State Credit Union added construction loans to its home loan portfolio in anticipation of an improving economy, as evidenced by the 27 percent growth of new home sales in March compared to the prior year, according to RL Brown, Phoenix housing expert. The construction loan program allows members the opportunity to lock ...Read More
In another flicker of hope for the battered housing markets, home loans in foreclosure or at least one payment past due have declined to the lowest level since 2008, according to a Mortgage Bankers Assn. delinquency report. The quarterly study, released Wednesday morning, said 7.4% of all loans on 1-unit to 4-unit properties were past ...Read More
In some rare good news for the struggling housing market, home loans have posted a surprise rise. Home loans rose 0.3 per cent in March, following a 2.5 per cent decline in February, the Australian Bureau of Statistics said today. Economists polled had predicted a 2 per cent fall for the month. “It’s an okay ...Read More
In some rare good news for the struggling housing market, home loans have posted a surprise rise. Home loans rose 0.3 per cent in March, following a 2.5 per cent decline in February, the Australian Bureau of Statistics said today. Economists polled had predicted a 2 per cent fall for the month. “It’s an okay ...Read More
So, what’s going to happen to house prices now that interest rates are falling? http://t.co/Ht8msq7r
In some rare good news for the struggling housing market, home loans have posted a surprise rise. Home loans rose 0.3 per cent in March, following a 2.5 per cent decline in February, the Australian Bureau of Statistics said today. Economists polled had predicted a 2 per cent fall for the month. “It’s an okay ...Read More
So, what’s going to happen to house prices now that interest rates are falling? http://t.co/Ht8msq7r
The Commonwealth Bank of Australia (CBA) is cutting interest rates on its one- and three-year fixed home loans by up to 0.34 percentage point. Its one-year fixed rate will be cut from 6.14 per cent to 5.99 per cent, while the three-year rate will fall from 6.33 per cent to 5.99 per cent. The new ...Read More
KUALA LUMPUR: One year after it was launched, only 399 applicants have received approval under the government’s My First Home Scheme, which aims to allow young adults to own a home by providing full loans. Deputy Finance Minister Datuk Dr Awang Adek Hussein said yesterday a majority of the scheme’s 1,709 applicants had their applications ...Read More
The Commonwealth Bank of Australia is cutting its one- and three-year fixed rate home loans, but not by the full RBA 50-basis-point cut. Its one-year fixed rate will be cut from 6.14 per cent to 5.99 per cent, while the three-year rate will fall from 6.33 per cent to 5.99 per cent. The new rates ...Read More