Consumer borrowing up in January after 11 declines (AP)

AP – Consumer borrowing broke a record stretch of declines with a small increase in January as a boost in auto loans offset continued weakness in credit card borrowing.

If you enjoyed this post, make sure you subscribe to my RSS feed!

Tagged with:
 

Summary Box: Consumer borrowing up in January (AP)

AP – BORROWING UP: Consumer credit rose by $4.96 billion in January, breaking a record string of 11 consecutive declines.

If you enjoyed this post, make sure you subscribe to my RSS feed!

Tagged with:
 

Bernanke sees low rates amid signs of weak rebound (AP)

Federal Reserve Chairman Ben Bernanke testifies on Capitol Hill in Washington, Wednesday, Feb. 24, 2010, before the House Financial Services Committee hearing on the Semiannual Monetary Policy Report to the Congress.  (AP Photo/Manuel Balce Ceneta)AP – New signs emerged Wednesday that the economic rebound is sputtering. Sales of new homes hit a record low last month. And mortgage giant Freddie Mac signaled it will need more federal aid — and might never repay it.

If you enjoyed this post, make sure you subscribe to my RSS feed!

Tagged with:
 

New home sales hit record low, prices tumble (Reuters)

Homes under construction are seen in Walnut, California, February 16, 2010. REUTERS/Mario AnzuoniReuters – Sales of new homes unexpectedly fell to a record low in January while demand for loans to buy homes hit a 13-year low last week, fanning fears of renewed weakness in the housing market.

If you enjoyed this post, make sure you subscribe to my RSS feed!

Tagged with:
 

Rates on 30-year home loans fall to 4.93 pct (AP)

AP – Rates for 30-year home loans edged lower for the second straight week, a report said Thursday, but remained above last year’s record lows.

If you enjoyed this post, make sure you subscribe to my RSS feed!

Tagged with:
 

Mortgage applications fell in latest week (Reuters)

FILE - In this photo Nov. 3, 2009 file photo, a sold sign appears outside an home in Chagrin Falls, Ohio. Home prices rose in more than 40 percent of U.S. cities in the fourth quarter of 2009, as massive federal spending helped the housing market show signs of stability. (AP Photo/Amy Sancetta, File)Reuters – Applications for U.S. home mortgages fell slightly last week even as interest rates held near record low levels below 5 percent, an industry group said on Wednesday.

If you enjoyed this post, make sure you subscribe to my RSS feed!

Tagged with:
 

Mortgage delinquencies tick higher in 4th-qtr 2009 (AP)

AP – The percentage of homeowners late with mortgage payments hit another record during the last three months of 2009, and the pace at which they fell behind took a turn for the worse, a new report says.

If you enjoyed this post, make sure you subscribe to my RSS feed!

Tagged with:
 

Mortgage rates nearly flat this week (AP)

AP – Rates on 30-year mortgages remained almost flat this week as the Federal Reserve said it would keep rates near record lows to help the economy recover.

If you enjoyed this post, make sure you subscribe to my RSS feed!

Tagged with:
 

Rates on 30-year home loans fall to 4.99 pct (AP)

AP – Rates for 30-year home loans fell to a shade below 5 percent this week but remained above last month’s record lows.

If you enjoyed this post, make sure you subscribe to my RSS feed!

Tagged with:
 

Rates on 30-year home loans fall to 4.99 pct (AP)

AP – Rates for 30-year home loans fell to a shade below 5 percent this week but remained above last month’s record lows.

If you enjoyed this post, make sure you subscribe to my RSS feed!

Tagged with:
 

Resources 

 

Categories