mortgage borrowers still underwaterdespite rising home prices, more than 30% of borrowers, or close to 16 million homeowners, were underwater on their mortgage during the first quarter, according to zillow.uk mortgage lending falls to 12-month lowgross mortgage lending in the uk slumped in april to a 12-month low after incentives for first-time buyers were withdrawn on march 24th.adb report recommends mortgage insurance for thailanda recent asia development bank (adb) report said that mortgage insurance will be a useful, but not an essential, feature of the thai mortgage market.mortgage rules prove too strict for some retireesit’s a mortgage problem that is likely to intensify as home-owning baby boomers by the millions shift into retirement: although they may have significant financial assets tucked away in retirement accounts, their diminished monthly incomes may not be sufficient to meet some lenders’ hyper-strict underwriting rules. read full article >> |
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