Monthly Archives: August 2007

California Home Loans Down

The national website of California reported on August 28, 2007 that there was a drop in home loan mortgages which is adding to further evidence of home sales cooling off in California. The national website of California reported on August … Continue reading

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Jumbo Mortgage Rates Are Up

Reuters reported today, August 30, 2007 that the concerns about credit worthiness in the United States home loan mortgage market have helped to push up mortgage rates on “jumbo” mortgages, and mortgage rates on adjustable-rate mortgages saw a record rise … Continue reading

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Mortgage Applications Fall

It was reported today, August 29, 2007, by the Mortgage Bankers Association that the number of mortgage applications filed last week in the United States of America slipped 4.0% (four percent) from the previous week, while the average interest rate … Continue reading

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United Kingdom Home Sales Down

The national website of Wales reported on August 29, 2007 that there was a drop in home loan mortgages which is adding to further evidence of home sales cooling off in the United Kingdom, including Wales. The national website of … Continue reading

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IndyMac Bankcorp is Hiring

IndyMac Bancorp Inc, which is listed on the New York Stock Exchange, reported today that it has hired six hundred (600) former employees of the failed mortgage company American Home Mortgage. IndyMac Bancorp Inc, which is listed on the Stock … Continue reading

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