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PMI Group slides to large 1st-quarter loss on hefty mortgage default payouts, FGIC losses (Minneapolis-St. Paul Star Tribune)  WALNUT CREEK, Calif. - Mortgage insurer PMI Group Inc. said Monday it swung to a first-quarter loss from year-ago profit, due to hefty payouts on default claims and charges to


Living Life Like Eloise: More Hotels Add Condos  With room costs rising, luxury hoteliers are offering condos as the growing wealthy class embraces hotel living. read more...


Why Mortgage Life Insurance is Not a Good Idea (Ridgecrest Daily Independent)  (ARA) - If you've recently taken out a mortgage, brace yourself for the onslaught. Before you even finish unpacking, your mailbox will likely be filled with offers for all kinds


Meeting to help homeowners with mortgage woes (Denver Post)  The Federal Housing Administration and the U.S. Department of Housing and Urban Development will host a meeting on Thursday to help homeowners struggling to keep up with their mortgage payments.read


Brown: How to cope with climb in adjustable mortgage rate (Corvallis Gazette Times)  First, the bad news: If you?re among the millions who took out an adjustable-rate mortgage in the past few years, your monthly payment is likely to jump on the next


Interest Rate Roundup  Here's a look at the state of interest rates on five common consumer banking products and the latest rates from Bankrate.com's weekly national survey of large banks and thrifts.read more...

July 20th, 2005

CIBC changes mortgage rates (CNW Group via Yahoo! Finance)

CIBC today announced the following changes in residential mortgage rates:

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