Canada Mortgage And Housing Corporation Forecasts 33 Percent Decline In 2009 New Home Constructions

Ottawa, Ontario (AHN) - Canada Mortgage and Housing Corporation forecasts new home constructions in the country will decline by 33 percent. That would be equivalent to just 141,900 new homes.
05-20-2009 13:44 More...

Rising Mortgage Applications Give Further Evidence Housing is Stabilizing

The weekly index of Mortgage Applications, which measure loan application volume as compiled by the Mortgage Bankers Association, rose 2% in the week ending May 1.

Refinance loans made up 74.4% of total applications, a decrease from 75.3% in the previous week. Adjustable-rate mortgages once again made up 2.1% of total applications.
05-06-2009 11:59 More...