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Commercial Mortgage Defaults at U.S. Banks Reach 3.4% (Update1) (Bloomberg)

December 1, 2009 by admin · Leave a Comment 

Dec. 1 (Bloomberg) — The commercial mortgage default rate on loans held by U.S. banks more than doubled to 3.4 percent in the third quarter as vacancies rose and rents declined, Real Estate Econometrics LLC said.

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Commercial Mortgage Defaults at U.S. Banks Reach 3.4% (Update1) (Bloomberg)

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Radian Leads Mortgage Insurers Higher on Delinquency (Update1) (Bloomberg)

December 1, 2009 by admin · Leave a Comment 

Dec. 1 (Bloomberg) — Radian Group Inc

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Radian Leads Mortgage Insurers Higher on Delinquency (Update1) (Bloomberg)

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Record-low mortgage rates entice some home buyers (Market Watch)

December 1, 2009 by admin · Leave a Comment 

The U.S. government’s efforts to revive the housing market have pushed mortgage rates down, but the prospect of further home-price declines could keep more reluctant buyers on the sidelines.

Continued here:
Record-low mortgage rates entice some home buyers (Market Watch)

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Westpac Raises Mortgage Rate More Than Central Bank (Update1) (Bloomberg)

November 30, 2009 by · Leave a Comment 

Dec. 1 (Bloomberg) — Westpac Banking Corp. , Australia’s second-biggest lender, is raising its mortgage rate by almost twice as much as the central bank increased interest rates today.

Originally posted here:
Westpac Raises Mortgage Rate More Than Central Bank (Update1) (Bloomberg)

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Commercial Mortgage Defaults in U.S. Bank Portfolios Reach 3.4% (Bloomberg)

November 30, 2009 by admin · Leave a Comment 

Dec. 1 (Bloomberg) — The commercial mortgage default rate on loans held by U.S. banks more than doubled to 3.4 percent in the third quarter as vacancies rose and rents declined, Real Estate Econometrics LLC said.

See more here:
Commercial Mortgage Defaults in U.S. Bank Portfolios Reach 3.4% (Bloomberg)