Sentences with phrase «as mortgage lenders struggle»

As mortgage lenders struggle to stay afloat and credit markets reel worldwide, even the shortest of short - term financing for business operations is facing what some view as unprecedented pressure.

Not exact matches

It's a challenge for Canadians still struggling to cope with the record amounts of consumer debt they amassed after the 2008 financial crisis because lenders use their prime rate as a benchmark for setting some other short - term rates including variable - rate mortgages and lines of credit.

As US homeowners continue to struggle with long term unemployment and home values below their mortgage amounts, FHA is amending its requirements to allow mortgage lenders to assist homeowners at risk of «imminent default.»

Additionally, President Obama will publicize his intentions for providing further incentives for mortgage servicers and lenders who are actively contributing to the Bush administration's Hope for Homeowners program, designed to assist struggling homeowners avoid foreclosure by refinancing them into a more cost - effective 30 - year fixed - rate mortgage so their first payment will be the same as their 360th.

Mortgage rates have already risen in Canada in the past month and more is likely to come as potential homebuyers are already struggling with more stringent qualifying criteria and particularly non-bank lenders are confronted with new mortgage insurancMortgage rates have already risen in Canada in the past month and more is likely to come as potential homebuyers are already struggling with more stringent qualifying criteria and particularly non-bank lenders are confronted with new mortgage insurancmortgage insurance rules.

Mortgage lenders dodged the proposed rule by joining homebuilders and advocates of low - income homeownership to convince hundreds of lawmakers that defining supersafe mortgages as those with significant down payments would curtail mortgage lending to the struggling middle class aMortgage lenders dodged the proposed rule by joining homebuilders and advocates of low - income homeownership to convince hundreds of lawmakers that defining supersafe mortgages as those with significant down payments would curtail mortgage lending to the struggling middle class amortgage lending to the struggling middle class and poor.