Your only mortgages news source! Click on each item to read full story.   US rate on 30-year mortgages rises to 3.59 pct. read story WASHINGTON (AP) — Average rates on fixed mortgages rose for the third straight week, hitting their highest levels since mid-March. Still, mortgage rates remained close to historic lows, a trend that should help sustain the housing recovery.   Mortgages worth €331m issued in first quarter read story Mortgages to the value of €331m were issued during the first quarter of this year, new figures show.   Zillow: 148,000 here 'upside down' on mortgages read story The recovering housing market doesn't seem to be helping many "upside down" homeowners in St. Louis yet.    Rate on 30-year mortgages rises to 3.59 percent read story Average rates on fixed mortgages rose for the third straight week, hitting their highest levels since mid-March. Still, mortgage rates remained close to historic lows, a trend that should help sustain the housing recovery.   Canadians are paying off mortgages quickly — so is Ottawa’s crackdown really necessary? read story Canadians end up paying off their mortgages in about two-thirds of the time originally intended, according to a new survey which questions whether Ottawa's crackdown on the real estate market is needed   Mortgages more expensive in independent Scotland read story Home owners in an independent Scotland would face higher mortgage costs, the head of the professional body representing the country's financial services industry has confirmed.           Split mortgages ‘best way’ to keep borrowers in the home read story Split mortgages are the most effective way of keeping insolvent borrowers in their homes while ensuring that the taxpayer, through ownership of the banks, can share in the upside of the economic recovery, according to the governor of the Central Bank, Patrick Honohan.   Roundup-Some write downs of mortgages read story About 20,000 mortgages relating to private dwellings are in arrears of 90 days or more with PTSB. Chief executive Jeremy Masding said that in the first four months of this year, standard financial statements had been completed by 11,400 customers, with 9,200 of these put on some form of "treatment" to address their financial difficulties.   JPMorgan to Sell Bonds Backed by $443 Million of Mortgages read story JPMorgan (JPM) Chase & Co. is planning its second sale of U.S. home-loan securities without government backing since the financial crisis the debt helped to trigger.   US rate on 30-year mortgages rises for 3rd straight week read story Average rates on fixed mortgages rose for the third straight week, hitting their highest levels since mid-March. Still, mortgage rates remained close to historic lows, a trend that should help sustain the housing recovery.