Rates on 30-Year Mortgages Climb
Rates on 30-year mortgages rose this week to the highest level in 15 months while one-year adjustable rate mortgages climbed to the highest level in 4 1/2 years.
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BofA, JPMorgan Post Profit on Mortgage, Investment Business (Los Angeles Times) Bank of America Corp. and JPMorgan Chase & Co., two of the three biggest U.S. banks, reported higher third-quarter earnings Wednesday, demonstrating the strength of the nation's mortgage-lending and investment-banking
Mortgage lending hits a nine-month high as market steadies (Scotsman) UNDERLYING British mortgage lending saw its largest rise in nine months in September, the British Bankers' Association said yesterday, adding further evidence to recent data suggesting that the property market
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Grant doubles mortgage (Mississippi Press) PASCAGOULA -- A homeowner's grant would make it easier to rebuild his King Avenue home, Stephen Breland figured. He never imagined the federally funded grant would double his monthly mortgage
Lenders try to keep mortgage boom alive (Pittsburgh Post-Gazette) Hoping to ride a new wave of profits as the mortgage boom winds down, lenders have changed course and are targeting borrowers with adjustable-rate mortgages and encouraging them to refinance