HBOS profit up 15 percent, raises buyback
Bank HBOS posted a 15 percent jump in first-half profit on Wednesday and increased its planned share buyback for this year by one-third to 1 billion pounds.
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Mortgage rates head higher (KTRE-TV East Texas) McLEAN, Va. (AP) - Long-term mortgage rates have risen to their highest levels in ten months. Freddie Mac says the average for the 30-year fixed-rate mortgage stands at 6.53% this
Bernanke: Toughen up on mortgage giants (AP via Yahoo! News) Federal Reserve Chairman Ben Bernanke urged Congress on Tuesday to bolster regulation of mortgage giants Fannie Mae and Freddie Mac, and suggested limiting their massive holdings to guard against
Sacramento Needs More Homes Metropolitan Sacramento needs 62,619 more homes than the thousands already planned to bring the region's homeownership rate up to the national average, a statewide home-builder trade group said Wednesday.read more...
Doing what others don't BRATTLEBORO Brattleboro resident Ben Coplan says, "Decent housing for all our people needs to be a community concern." Coplan has served on a variety of local boards over a span
Bona Fide Mortgage opens in Merrimack (Nashua Telegraph) MERRIMACK A new business, Bona Fide Mortgage LLC, has opened for business. It is owned and founded by Daniel Perigny of Merrimack. Bona Fide Mortgage LLC is a residential mortgage
New-Home Sales Plummet To Lowest Level in Four Years Sales of new homes plunged 16.6% in January to a seasonally adjusted annual rate of 937,000, the Commerce Department reported. The drop is the biggest percentage decline in 13 years.