Home Loans

Increase in loan refinancing nationally hasn't hit home

ZANESVILLE -- Applications for refinancing home loans, bolstered by some of the lowest borrowing costs in 20 years, are up for the fifth straight week nationally, according to a weekly survey conducted by the Mortgage Bankers Association.

Maha requests RBI to grant easy home loans to poor

Mumbai, Sep 3 (PTI) The Maharashtra government has requested the Reserve Bank of India to come up with guidelines for granting easy home loans to financially weaker sections who are denied the facility by the banks.

Former Pag-Ibig chief seeks probe on bogus loans (11:33 a.m.)

MANILA -- The former president of Home Development Mutual Fund (Pag-Ibig) will help in the investigation to be conducted by Congress on the alleged bogus housing loans of the agency. read more

US Bank Business Loans Up $200 Million In Latest Week

US Bank Business Loans Up $200 Million In Latest Week

More people opting for 15-year home loans

More people are choosing 15-year fixed-rate mortgages as opposed to 20 or 30-year loans. A recent study shows that between January and June, 26% of homeowners who refinanced chose the 15-year loan plan. In 2009, only 18.5% of borrowers who refinanced opted for the shorter plan.

China to block loans to firms on environment blacklist: Report

China to block loans to firms on environment blacklist: ReportChina to block loans to firms on environment blacklist: Report

Real Estate Weekly: Home-buyer tax credit not likely to make an encore

The real-estate industry was abuzz with chatter earlier this week about the government offering another home-buyer tax credit, after Shaun Donovan, HUD secretary, said on CNN that it was too early to tell if the credit would make a return.