Highlights of rising and falling U.S. stocks "The company will have effectively shifted the mix of its businesses further towards devices and away from pharmaceuticals, with both the higher top- and bottom-line growth outlook and the shift
$25bn trapped in mortgage funds (News Interactive) THE Treasurer has shored up the bank guarantee, but given no joy to investors whose savings are stuck in frozen mortgage funds.read more...
Fitch Affirms Chase Commercial Mortgage Securities Corp., 1999-2 (Business Wire via Yahoo! Finance) Fitch Ratings affirms Chase Commercial Mortgage Securities Corp., commercial mortgage pass-through certificates, series 1999-2 as follows:read more...
Mortgage rates reach 4-year high (The Myrtle Beach Sun News) Rates on 30-year mortgages climbed this week to their highest point in nearly four years, a development that could put a further crimp in housing activity.read more...
30-year mortgage rates drop to five-week low (San Francisco Chronicle) Rates on 30-year mortgages dropped sharply this week, falling to the lowest level in five weeks. Mortgage giant Freddie Mac reported Thursday that 30-year, fixed-rate mortgages averaged 6.04 percent this
Homeowners need not worry if mortgage lender goes under, but they still have to pay (The Times of Northwest Indiana) NEW YORK | Another well-known mortgage lender is in serious trouble. This time American Home Mortgage Investment Corp. may be forced into insolvency after creditors pulled the plug amid a
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