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tighter mortgage rules not enough in hottest real estate markets, oecd says

ottawa - moves by the federal government to tighten mortgage lending rules aren't doing enough to cool the housing market in the hottest regions in the country, the organization for economic co-operation and development said tuesday.

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.

bankrate: mortgage rates hold at record lows

new york, may 24, 2012 /prnewswire/ --Ā mortgage rates were little changed, remaining at record low levels. the average rate on the benchmark 30-year fixed mortgage rate was unchanged at the record low ...

fitch: canadian banks' residential mortgage exposure manageable under moderate stresses

household debt driven by mortgage credit expansion in the canadian market is the main threat to the credit risk profiles of canadian financial institutions, as highlighted by the s

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