Mortgage approvals climb in May
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The number of mortgage loans approved but not yet made rose slightly in May, the Bank of England (BoE) says.
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New applications for U.S. home  mortgages rose last week as lower interest rates spurred  purchases, an industry group said on Wednesday.
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Mortgage company raises financing using mortgages as collateral.
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DETROIT  -Consumer incentives offered on new cars  rose nearly 2 percent in May from a month earlier in the U.S.  market, according to a report released on Friday.
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Investors' confidence in the U.S. economy rose in May to its highest level since January, as optimism in personal investments climbed to the highest level in five years, a survey showed on Tuesday.
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Countrywide Financial Corp. , the largest U.S. mortgage lender, on Tuesday said it made 15 percent more home loans in May as the pace of refinancings increased, though the foreclosure rate doubled.
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Mortgage applications rose for a  second straight week, fueled by demand for home loans as  interest rates sank to their lowest since May, an industry  group&#39;s figures showed Wednesday.
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New applications for U.S. home loans  rose last week as refinancing activity accelerated amid  relatively flat 30-year mortgage rates, an industry group said  on Wednesday.
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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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New applications for US home mortgages increased last week, as purchase activity rose amid lower mortgage rates, an industry group said on Wednesday.
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DETROIT  -Consumer incentives offered on new cars rose nearly 2 percent in May from a month earlier in the U.S. market, according to a report released on Friday.
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Americans reached for their credit  cards with gusto in May after an April lull, sending overall  U.S. consumer borrowing up by $12.90 billion -- more than twice  the forecast rise, a Federal Reserve Board report showed on  Monday.
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Fresh signs of strength in the economy have caused mortgage rates to rise. Mortgage company Freddie Mac says the average for a 30-year fixed-rate mortgage is now 5.81 percent, up sharply from 5.72 in last week&#39;s survey.
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Mortgage rates around the country climbed this week as Wall Street investors responded to some encouraging signs that the economy is gaining traction.
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US retail sales rose in May at the strongest pace in 16 months as American consumers splurged on many more purchases than anticipated, a government survey showed Wednesday.
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NEW YORK  - New applications for U.S. home loansrose last week to their highest level in four months eventhough mortgage rates ticked upward from their recent lows, anindustry group said on Wednesday.
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Business activity in the U.S. Midwest  expanded in May at a much faster rate than expected fueled by a  surge in new orders and stronger hiring, a report showed on  Thursday.