Mortgage rates rise after 6-week slide (Bankrate.com via Yahoo! Finance) Re-emerging inflation sent the benchmark 30-year fixed mortgage rate up to 5.84 percent, according to the Bankrate.com national survey of large lenders.via
KeyCorp sells Champion Mortgage to HSBC, Fortress (The Royal Gazette) NEW YORK (Reuters) ? KeyCorp, a large Midwest US bank, on Friday said it agreed to sell its Champion Mortgage subprime lending unit to Britain?s HSBC Holdings Plc and investment
Mortgage payments 'stable' (ic Ealing.co.uk) The level of income people are spending on their mortgage remained stable during June as a result of the cooling housing market, figures showed.via
Job Gains Help, Hurt More than 200,000 people landed jobs in July, benefiting from the confidence businesses are showing in the U.S. economy.read more...
Mortgage Levels Lift (Ananova) Mortgage lending rose by its biggest amount in nearly three years in July.read more...
Hanson Predicts H1 Profits Hike Building materials firm Hanson says it expects a 20% rise in first-half operating profit after strong performances from its US building products and UK aggregates divisions.via
WASHINGTON (AFX)—President Bush’s advisory panel on tax reform indicated Tuesday it was leaning toward recommending some form of caps on income-tax deductions for employer-provided health-care benefits and mortgage interest payments.
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