Mortgage Delinquencies Fall in December
In December, 90-day mortgage delinquencies were at 5.64%, which seems low compared to the peak of 10%. But the level before the housing bubble was 4% to 5%.
Mortgage lending levels slow to ‘healthy’ level – CML
Mortgage lending for November matches amount loaned in November 2013, having fallen four months in a row Mortgage lending slowed in November, and activity has returned to almost the same level as at the end of 2013, banks and building societies reported on Thursday. The Council of Mortgage Lenders (CML) said gross mortgage lending was 9% down on October’s figure at £16.9bn. This is the lowest …
Mortgage lending dip 'continues'
UK mortgage lending in November returned to the level seen a year earlier, lenders say, offering more evidence of a post-summer slowdown.
Cheaper oil could fuel a drop in mortgage rates
30-year fixed-rate is now at its lowest level in 18 months thanks — indirectly — to the plunge in crude