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according to zillow mortgage marketplace, 30-year fixed loans dropped to 3.6 percent from 3.63 percent in the previous week due to concerns about europe's economic condition, especially on fears that spain's banking system could worsen the debt crisis.
44% of cook county homes with a mortgage are underwater
almost 667,000 homes with a mortgage in the seven-county chicago area were underwater on their mortgages in march -- and 13 percent of those homeowners were also delinquent on their mortgage payments by three months or more.
data snap: uk april mortgage, business lending weakens
net mortgage lending by u.k. banks dropped back in april as demand for property weakened following the end of the government's stamp duty land tax holiday for first-time buyers, and as rising euro zone tensions weigh more heavily on both business and consumer confidence, a survey from the british bankers association showed thursday.
mortgage rates fall to new records
mortgage rates for 30-year loan now stand at 3.78 percent. fixed mortgage rates for 15-year loans are unchanged at 3.04 percent, a record low.
