Floating Rates To Remain Up
Janine Ogier The Reserve Bank quarterly monetary policy statement proved to be a “steady as she goes” announcement last week, with most analysts now picking the official cash rate will remain at 6.75% until …
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Senators Move On Housing Relief Key legislators agreed on a $15 billion bipartisan plan to spur the housing market, showing how political momentum is shifting toward a more aggressive response to the struggling real-estate market.
Arizona bank cuts mortgage center (BizJournals) An Arizona-based bank is closing its Charlotte mortgage operations center, citing the ongoing mortgage-credit crunch, with the move costing 65 local employees their jobs.read more...
McCanns used fund for mortgage (BBC News) Madeleine McCann's parents used her "fighting fund" to pay their mortgage, but stopped when they became suspects.read more...
Roofing firm under probe for working without license The Worcester County Bureau of Investigation says it is investigating complaints about an Ocean City roofing business that is alleged to be operating without a contractors' license. via Daily
Fannie Mae Faces Work After Restatement Mortgage giant Fannie Mae has taken a significant stride in its march out of a accounting scandal by completing a restatement of past earnings but still faces tough work to
National Australia Bank Second-Half Profit Rises; Shares Fall on Margins National Australia Bank Ltd., the nation's largest lender, said second-half profit rose 57 percent after it loaned more to businesses and homebuyers.read more...