Siam Commercial Bank, the largest mortgage lender among commercial banks, expects a shift in residential demand from houses to condominiums because of the flooding, and will focus more on that market.
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SCB shifts focus to condo mortgages, repair loans
Posted by mortgage 180 days ago (Editorial)
Mortgage interest deduction focus of debt debate
Posted by mortgage 262 days ago (Editorial)
Ending tax breaks for oil, corporate jets and hedge fund managers is nearly every Democrat's favorite way to reduce the federal debt. But one of the biggest tax breaks of all is heavily skewed to wealthy residents of...
(AFX UK Focus) 2009-06-18 08:47 UPDATE 1-S.Korea says recent mortgage lending growth rapid (Interactive Investor)
Posted by mortgage 1070 days ago (Editorial)
SEOUL, June 18 (Reuters) - A top South Korean regulator said on Thursday that recent mortgage lending growth in the country had been "rapid" and that the regulator was closely monitoring the trend. Financial Supervisory Service (FSS) Governor Kim Jong-chang told a news conference that home-backed loans had expanded at an average 3 trillion won ($2.4 billion) a month recently, a faster rate than .
NEW YORK, June 18 (Reuters) - Interest rates on U.S. 30-year fixed-rate mortgages dropped 0.21 percentage point in the latest week, retreating sharply from a seven-month high. Freddie Mac, the home funding company, said on Thursday its survey showed interest rates on the 30-year fixed-rate mortgage averaged 5.38 percent, with an average 0.7 point, for the week ending June 18. That was down from .
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