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Background

april mortgage approvals highest since jan

london (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...

mortgage borrowers still underwater

despite rising home prices, more than 30% of borrowers, or close to 16 million homeowners, were underwater on their mortgage during the first quarter, according to zillow.

mortgage activity down -- rates, too

washington, 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.

steps to boost credit score when a mortgage is the goal

getting a mortgage? check your credit reports, pay down balances, consider closing cards and sit down with a lender for a review