Mortgage approvals down in November
The number of mortgage approvals made to home buyers fell to its lowest levels in almost a year-and-a-half in November, the Bank of England has reported.
Mortgage approvals fall to 17-month low in November
Property market suffers autumn slowdown as Bank of England figures show dip after summer recovery The number of mortgages approved for house purchases fell to a 17-month low in November, in a further sign of a housing market slowdown in the autumn. A total of 59,029 home loans were approved for purchases during the month, according to figures from the Bank of England, below the average of 63,191 …
All Reverse Mortgage Releases Calculator App to Bring Estimates Mobile
ORANGE, Calif., Jan. 2, 2015 /PRNewswire/ — Getting a reverse mortgage loan estimate just got a lot easier. While people who are 62 and older have long been visiting websites and loan officers to learn more about tapping into their home equity through a federally-insured reverse mortgage loan, now they can receive an estimate by plugging in few data points into an easy-to-use mobile app. “Years …