Treasurys fall as data reinforce Fed rate-hike bets
The price decline lifted the note’s yield to 4.29% compared to 4.26% Wednesday. The yield is often consulted in setting mortgage and corporate borrowing rates.
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E*Trade Cuts Earnings Estimate 25% on Mortgage Losses (Update1) (Bloomberg.com) Sept. 17 (Bloomberg) -- E*Trade Financial Corp., this year's worst performer in the Amex Securities Broker-Dealer Index, slashed forecasts for 2007 profit by at least 25 percent because of bad
Bondholders look to GMAC unit's deal to gauge market NEW YORK - The corporate bond market is abuzz with the proposed debt offering from the new, separate residential mortgage unit of General Motors Acceptance Corp., the financing arm of
Howard County Single-family houses and townhouses in Howard County sold for a median price of $384,000 last year, making them the second most expensive in the Maryland suburbs, behind Montgomery County.
U.S. Fed expected to strike calming tone Fed policy makers opened a two-day meeting Tuesday amid mounting concern on Wall Street, Capitol Hill and elsewhere about troubles in the subprime mortgage market.Commentread more...
Fixed rate mortgage deals break through 7pc (Daily Telegraph) The average two-year fixed rate mortgage is the same as the average standard variable rate, writes Myra Butterworthread more...
Mayor Makes Mark On City He Loves read more...