Loans Stories

By Lucia Mutikani WASHINGTON (Reuters) – A shortage of properties could take some edge off home sales during the spring selling season, but the housing market recovery should remain intact. The stock of houses for sale has declined rapidly in … Continue reading →

By Cameron French TORONTO (Reuters) – Manulife Financial said on Tuesday it is reversing a decision to cut Canadian mortgage rates following pressure from Finance Minister Jim Flaherty, who has raised concerns about record high consumer debt levels. Manulife, which … Continue reading →

TORONTO (Reuters) – Small declines in home prices and mortgage rates made Canadian home ownership slightly more affordable in the fourth quarter of 2012, the second straight improvement, and soft home buyer demand may help continue the trend in 2013, … Continue reading →

A global consensus is forming around how to teach kids about money in school. The answer: Embed personal finance lessons in the courses they already take. That’s the approach in the U.K., which this month agreed to make financial literacy … Continue reading →

WASHINGTON (AP) — The average U.S. rate on the 30-year fixed mortgage was unchanged for a second week, remaining near historic lows. The average rate on the 15-year mortgage also stayed the same. Low mortgage rates are helping to strengthen … Continue reading →

WASHINGTON (AP) — U.S. sales of previously occupied homes rose in 2012 to their highest level in five years, spurred higher by record-low mortgage rates and steady hiring. The National Association of Realtors said Tuesday that sales reached 4.65 million … Continue reading →

Though Robert Pattinson stuck by her, Ben Affleck has left Kristen Stewart in the dust. Citing a schedule crunch, the actor has backed out of Focus, a con-artist movie set to costar Stewart and begin filming this spring. Stewart had just said … Continue reading →

With 2013 approaching, many Canadian consumers are looking to shore up their financial picture. Canadian debt relief firm Maple Leaf Debt Helpers offers 5 personal finance tips to help consumers achieve their goals. Toronto, ON (PRWEB) December 12, 2012 Faced … Continue reading →

With the uncertainty of the elections behind the country, the housing market across the United States has entered a period of stabilization. Factors including historically low mortgage rates and an optimal affordability rating have combined to create lucrative opportunities for … Continue reading →

Frank Nothaft, Freddie Mac’s vice president and chief economist, told loans.org that interest rates may rise in 2013 given some foreseeable changes to the Fed’s bond buying program. However, Nothaft said that homebuyer affordability should continue to remain very high. … Continue reading →