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Peoples Choice Mortgage Indiana

Mortgage approvals 'at new low'  UK mortgage lending by banks fell to a new low in August, with approvals for house purchases 64% lower than a year ago.

Congress, Bush agree on mortgage aid  WASHINGTON — Scrambling for a swift deal on the $700 billion bailout for failing financial firms, key Democrats and Bush administration officials agreed Monday to include mortgage help for beleaguered homeowners but wrangled over other issues, including “golden parachutes” for executives who benefit from the unprecedented rescue.

Mortgage companies paid McCain aide as advocate  Several current and former executives of Fannie Mae and Freddie Mac say Senator John McCain's campaign manager was paid more than $30,000 a month for five years as president of an advocacy group set up by the mortgage giants to defend them against stricter regulations.

Mortgage Lending Halves In Month  Mortgage lending halved during August and the number of home loans slumped to a record low, latest figures show.

Mortgage aid to be wrapped in bailout plan  WASHINGTON — Scrambling for a swift deal on the $700 billion bailout for failing financial firms, key Democrats and Bush administration officials agreed Monday to include mortgage help for beleaguered homeowners but wrangled over other issues, including "golden parachutes" for executives who benefit from the unprecedented rescue. Democrats demanded that the measure limit pay packages for [...]

Mortgage Approvals At Record Low  The number of mortgage approvals has fallen to a record low - down 64% compared with a year ago, according to the British Bankers' Association.

Mortgage burden becoming crushing for millions in U.S.  More than 7.5 million people — almost 15 percent of American homeowners with a mortgage — are spending half of their income or more on housing costs.

Federal Agricultural Mortgage, Oceanaut and RTI International Metals among 52-week lows   Federal Agricultural Mortgage Corp. , Oceanaut Inc. and RTI International Metals, Inc. are among the new 52-week lows in Monday's trading among companies with...

UK Mortgage Approvals Fall Sharply In August - BBA  RTTNews - UK's mortgage approvals for house purchases decreased 64% in August from the previous year to 21,086 units from July's 22,239, the British Bankers' Association announced Tuesday. Meanwhile, remortgaging slid nearly 28% annually to reach 47,765, the lowest since early 2001.

Mortgage rates drop, and demand goes up  The phones are busy at local mortgage companies. The average rate for a mortgage loan dropped suddenly two weeks ago after the government stepped in to take over mortgage giants Fannie Mae and Freddie Mac, and for much of last week, buyers could get loans under 6 percent.