mortgage for retirees plannedfor retirees, a mortgage loan which normally requires at least 20 years of work to ensure debt payment ability is seemingly impossible, but the secondary mortgage corporation (smc) is planning to offer a new product focusing on serving the needs of the elderly.mortgage activity down -- rates, toowashington, may 30 (upi) -- the mortgage bankers association said u.s. mortgage activity fell 1.3 percent in the week ended friday with interest rates setting record lows.april mortgage approvals highest since janlondon (reuters) - country's mortgage approvals for house purchase and mortgage lending were at their highest since january last month, but britons repaid their credit card bills at the fastest rate in more than five years, bank data showed on wednesday. the central bank said mortgage approvals numbered 51,823 in april, up from 51,067 in march. analysts had forecast a reading of 50,100. mor...us mortgage rates fall againaccording 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. |
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