Sentence examples for drop mortgage from inspiring English sources

Somewhat distressingly, the general principle also appears to be replicated in the recent move to drop mortgage rates to warm up the housing market, but that's another digression entirely.The motive behind GMAC's decision is clear.

One drawback, however, is that the F.H.A. does not allow borrowers to drop mortgage insurance once they have built up enough equity — 20percentt of the original home value — as Fannie and Freddie do.

As bond yields and mortgage rates have dropped, mortgage applications both to refinance and to buy homes have risen.

But now it seems the Rock is making a comeback bid, dropping mortgage rates by as much as 1 per cent in two weeks.

With interest rates dropping, mortgage refinancings climbed to 22.2percentt of all originations, up from 14.9percentt in the first quarter and 8.7percentt in the second quarter of 2000.

JPMorgan Chase, the biggest bank by assets, reported limited appetite for new mortgages and a drop in mortgage banking income.

That drop in mortgage rates sparked another boom in mortgage refinancing, which usually feeds consumer spending because homeowners often take some cash out of the equity in their homes.

Perhaps even better, the drop in mortgage rates sparked a surge in mortgage refinancing, giving a boost to the budgets of many a cash-strapped household.

And Ms. Callan argued that despite a steep drop in mortgage origination revenues, Lehman continues to make money in trading mortgage securities.

A recent drop in mortgage rates is bringing people back into the market, agents and mortgage brokers said, though demand is still subdued compared with recent years.

According to his calculations, the additional drop in mortgage rates meant that three million more households could afford to pay a mortgage on a new home.