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Canadians ready for a mortgage makeover, says RBC survey 
The number of Canadians considering combination mortgages - those with both fixed and variable rate segments - is on the rise, according to RBC’s 14th Annual Homebuyers Survey. Over one third of Canadians who are likely to purchase a home within the next two years plan to take out a combination mortgage, compared to 30 per cent in 2006.
Source: biz.yahoo.com

U.S. Foreclosure Filings Rise 12 Percent in February (Update2) 
March 26 (Bloomberg) — U.S. foreclosure filings last month jumped 12 percent compared with a year ago as homeowners struggled with declining home values and higher adjustable mortgage rates.
Source: quote.bloomberg.com

ERATE Expands Vast Collection of Mortgage Calculators and Online Financial Tools 
Home owners and other consumers in search of financing can take advantage of ERATE’s expanding and comprehensive array of nearly 20 mortgage calculators and useful tools for financial analysis.
Source: news.yahoo.com

Subprime Mortgage Bonds From 2006 May Be Worst Ever (Update1) 
March 28 (Bloomberg) — Subprime mortgage-backed securities from 2006 may be the “worst-performing in recent history,'’ with delinquencies on the underlying debt “consistently higher'’ than in the prior five years, Standard & Poor’s said,.
Source: quote.bloomberg.com

Foreclosures: A Real Boom for Investors 
(ARA) - The climate is ripe for an increase in the number of American homes going into foreclosure. Interest rates are on the rise, mortgage payments are continuing to increase and home values are staying stagnant in some places and falling in others.
Source: www.starcourier.com

Wall Street Breakfast 
What you need to know before the open today.
Source: biz.yahoo.com

Tags: mortgage rate, mortgage help, mortgage, mortgage brokers

This entry was posted on Thursday, March 29th, 2007 at 9:00 pm and is filed under Online Mortgage Tips. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.