Market miscellany
Standard Chartered , the London-listed Asian and African bank, released a bullish set of interim results last week.
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30-year mortgage rates rise to 5.63% (Poughkeepsie Journal) WASHINGTON Rates on 30-year mortgages rose last week for the first time in five weeks, according to a nationwide survey. Mortgage giant Freddie Mac said Thursday its weekly survey showed
Housing overpriced, study finds A report released Thursday identified 53 metro areas around the country where home prices are 30 percent or more overvalued based on such criteria as price-to-income ratios.read more...
Barriers to Stay for Now This week's Changing Lanes features two letters highlighting problems that crop up in growing Polk County. read more...
Mortgage lending 'at record high' (BBC News) Mortgage lending falls by 10% in December, but is still at record levels for the month, figures show.read more...
Consolidate student loans now to save a lot of cash Christopher Cabott did his best not to run up a big balance in student loans. He worked two jobs, one as a bartender and the other helping out in a
HSBC set to close its US subprime mortgage unit (Taipei Times) HSBC Holdings, the British-based banking giant, on Friday announced it will close its subprime mortgage subsidiary in the US, saying it was "no longer sustainable."read more...