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Mortgage market News

The other meltdown - Housing prices drop 18 per cent in October

The other big meltdown is the private asset meltdown. Along with stock prices, the housing prices have been taking a severe beating. This is a lethal hit against mortgagees in deadly times. Financial security is becoming a myth in the heartland.

In the Media by Paul Wallis

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Mortgage market

Mortgage market Headlines

UK mortgage outlook 'uncertain'

The state of the UK mortgage market in the coming year is "difficult to call", according to the Council of Mortgage Lenders.

Some 'buoyancy' in housing market

The UK housing market is showing some signs of "buoyancy" despite mortgage lending remaining static in February, lenders say.

VIDEO: Are mortgages getting more expensive?

Across the mortgage market there are signs that home loans are slowly becoming more expensive - which is adding pressure to household budgets.

Flaherty concerned by mortgage lending

Finance Minister Jim Flaherty said the Canada Mortgage and Housing Corporation is below the limit of how many mortgages it's allowed to have on its books, but he's concerned about what's happening on the fringes of the housing market.

Mortgage Rates Fall Again

Right now could be the best time to buy a home – if you qualify. Prices are close to 10-year lows in most markets, and rates for 30-year fixed mortgages are at their cheapest ever. Mortgage buyer Freddie Mac says the average rate on a...