Mortgages

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  • U.S. housing starts rose less than expected in March and building permits fell, pointing to underlying weakness in the housing market that could persist despite better weather. The Commerce Department said on Wednesday groundbreaking increased 2.8 percent to a seasonally adjusted annual rate of 946,000. The housing market …

  • First-time buyers are 'disadvantaged' by being denied interest-only mortgages used by landlords, study finds

  • First-time buyers are 'disadvantaged' by being denied the cheaper, interest-only mortgages used by buy-to-let investors, a new study claims

  • British home-owners more upbeat about selling - survey Reuters - UK Focus - Sat, Apr 12, 2014 00:01 BST

    British home-owners are increasingly upbeat about the housing market and are more willing to sell than at any time since April 2011, a survey by mortgage lender Halifax showed on Saturday (Shenzhen: 002291.SZ - news) . Record (LSE: REC.L - news) -low interest rates and government-backed schemes have fuelled a rebound in …

  • Wells Fargo profit beats estimates, helped by one-time gains Reuters - UK Focus - Fri, Apr 11, 2014 20:17 BST

    The bank, the most profitable in the United States in 2013, has been hurt in recent quarters by declining demand for mortgage refinancing, as lending rates have risen. Income from mortgage banking fell by 46 percent to $1.5 billion from the same quarter last year. Wells Fargo's new home loans fell by two-thirds to $36 …

  • When a tracker mortgage beats a fixed deal Telegraph - Fri, Apr 11, 2014 18:06 BST

    Almost everyone is fixing their mortgage, but a tracker could be considerably cheaper if you can afford to gamble on rates

  • JPMorgan profits fall on weak mortgage, trading income

    A JPMorgan sign is seen outside the office tower housing the financial services firm's Los Angeles, California offices on this August 8, 2013

  • JP Morgan profits fall by a fifth Telegraph - Fri, Apr 11, 2014 15:06 BST

    World's biggest bank suffers from slowdown in income trading and mortgage lending, an effect likely to be felt across Wall Street

  • Over $8bn wiped off JP Morgan after profits fall by a fifth Telegraph - Fri, Apr 11, 2014 15:06 BST

    World's biggest bank suffers from slowdown in income trading and mortgage lending, an effect likely to be felt across Wall Street

  • JPMorgan earnings fall 19% on lower mortgage income AFP - Fri, Apr 11, 2014 14:59 BST
    JPMorgan profits fall on weak mortgage, trading income

    A JPMorgan sign is seen outside the office tower housing the financial services firm's Los Angeles, California offices on this August 8, 2013

  • £40,000 salary needed for first mortgage Telegraph - Thu, Apr 10, 2014 23:44 BST

    Typical entrant in housing market took out mortgage loan of £119,000 in February, out of reach to those earning national average salary of £26,500

  • Typical entrant in housing market took out mortgage loan of £119,000 in February, out of reach to those earning national average salary of £26,500

  • House Prices To Soar Amid Property Shortage Sky News - Thu, Apr 10, 2014 18:17 BST
    House Prices To Soar Amid Property Shortage

    Surveyors sold an average of 23 homes during the three months to March - the highest number since February 2008, according to the Royal Institution of Chartered Surveyors (Rics). But while buying activity is rising in more regions, the expected "spring bounce", which sees more people put homes up for sale, has not happened, …

  • Property Shortages Push Prices To Six-Year High Sky News - Thu, Apr 10, 2014 18:08 BST
    House Prices To Soar Amid Property Shortage

    Surveyors sold an average of 23 homes during the three months to March - the highest number since February 2008, according to the Royal Institution of Chartered Surveyors (Rics). But while buying activity is rising in more regions, the expected "spring bounce", which sees more people put homes up for sale, has not happened, …

  • British house prices boom, Bank of England holds fire Reuters - UK Focus - Thu, Apr 10, 2014 14:12 BST

    House prices and sales took off again in Britain last month, reflecting the economy's surprisingly fast recovery, but the Bank of England stuck to its course and left interest rates unchanged at record lows. A closely watched survey from the Royal Institution of Chartered Surveyors showed British house prices ratcheting …

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