Mortgage Spain Latest Information

 

Spain Mortgage Lending Sinks Over 50% In February
Mortgage lending tumbled in Spain in February, with the number of home loans sinking 47.1% on an annual basis, and the capital loaned on homes dropping 54.8%, the National Statistics Office said Tuesday.

Despite ECB money, Spain mortgage lending plunges
MADRID (Reuters) - Mortgage lending by Spanish banks suffered its largest annual drop in over six years in February, showing cheap cash borrowed by Spanish lenders from the European Central Bank is not filtering down into the wider economy. Spain's lenders, largely blocked out from international money markets, were amongst the biggest takers of 3-year cheap loans from the ECB designed to flood ...

HSH.com Weekly Mortgage Rates Radar: Renewed Eurozone Worries Drive Mortgage Rates to New Record Lows
HSH.com releases its latest Weekly Mortgage Rates Radar showing another downward move in mortgage rates from the previous week. The Weekly Mortgage Rates Radar reports the average rates and points offered by lenders for the two most popular types of mortgages, the conforming 30-year fixed-rate mortgage and the conforming 5/1 adjustable-rate mortgage (ARM). Average rates for both declined to new ...

Misc: Record Low Mortgage Rates, Spanish Banks downgraded, and more
The only economic release schedule for Friday is the State Employment and Unemployment report for April. Freddie Mac today released the results of its Primary Mortgage Market Survey® (PMMS®), showing average fixed mortgage rates again hitting new record lows.

Mortgage giant Halifax raises rates despite base rate freeze
Britain’s biggest mortgage lender yesterday increased its rates, despite the Bank of England keeping the base rate at 0.5 per cent for the 38th month in a row.

BBVA Compass Expands Tempe and Birmingham Mortgage Operations Centers
BIRMINGHAM, Ala., May 14, 2012 /PRNewswire/ -- To support the rapid growth of its mortgage business, BBVA Compass announced today it is expanding its mortgage operations centers in Tempe, Ariz., and Birmingham, ...

Average US rate on 30-year fixed mortgage down to record low of 3.79 pct.; 15-year also record
Average US rate on 30-year fixed mortgage hits record low of 3.79 percent; 15-year also record.

Halifax raises mortgage rate again by 0.3%
Britain’s biggest mortgage lender yesterday increased its rates by up to 0.3 percentage points despite the Bank of England keeping the base rate at 0.5 per cent for the 38th month in a row.

Eurozone crisis: Don't panic – yet... Our expert guide to the coming storm
Q. If Greece does leave the euro, what will this mean for other indebted eurozone economies?

Ecuador law would forgive mortgage debt
Ecuador's legislature has passed a bill that would require banks to forgive any outstanding debt on mortgages for first-time home buyers of properties worth up to $146,000 if they default and forfeit the home.

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