Mortgages record high in January
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Mortgage lending hits a record high for the month of January, according to the Council of Mortgage Lenders (CML).
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Business & money: Number of repossessed homes to reach highest level since 1990s, says Council of Mortgage Lenders.
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The weekly survey from mortgage company Freddie Mac had rates on 30-year fixed-rate mortgages inching higher this week, up to an average 5.82 percent from last week&#39;s 5.81 percent.
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Applications for home mortgages jumped  to their highest level in nearly four years as low interest  rates led more homeowners to seek refinancing, according to  data from an industry group on Wednesday.
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Personal insolvencies in England and Wales have hit another record high as interest rate rises take their toll on already over-extended households.
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State and national housing sales hit record highs in 2004, boosted by mortgage rates near historic lows, according to preliminary figures released yesterday, but with rates expected to drift upward, few in the real estate industry expect that pace to be matched in 2005.
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Consumer prices rose by a bigger-than-expected amount in January, reflecting big increases in the cost of food and health care, the government reported Wednesday.
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The percentage of mortgages entering foreclosure rose to a record level during the three months that ended June 30, according to a survey released today.
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The number of homes sold in England, Wales and Northern Ireland hits its highest level since the 1980s boom.
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Business & money: Nationwide building society says the annual rate of house price inflation has risen to 9.7%, despite higher interest rates.
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WASHINGTON -- Late payments and new foreclosures on adjustable-rate home mortgages made to people with spotty credit histories spiked to all-time highs in the first three months of this year.
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NEW YORK -- Mortgage rates have jumped this week, propelled higher by news of strengthening in the economy. Rates on 30-year fixed-rate mortgages are averaging 5.82 percent in the new survey from mortgage company Freddie Mac.
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Mortgage rates extended their climb for the fifth straight week, skyrocketing to highs not seen in nearly a year, according to a weekly survey released by finance company Freddie Mac  on Thursday.
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Business & money: Britain's biggest mortgage lender ups its house price growth forecast for this year to 6%, and said that London house prices would rise 12%.
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Countrywide Financial Corp, the largest U.S. mortgage lender, said on Wednesday that foreclosures and late payments rose in December to the highest on record, sending its shares tumbling for a second day to their lowest in nearly 13 years.
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Sales of new homes rose unexpectedly in April to the fastest pace this year as the housing sector showed resilience in the face of rising mortgage rates. But the price of homes sold last month fell and the level of unsold homes rose to a record high.
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A jump in starts on single-family  housing pushed total U.S. housing starts to a nearly 21-year  high in January, but home mortgage applications dipped last  week, according to data reported on Wednesday.