Cash sources dry up for subprime mortgage lenders (USA Today) The meltdown among subprime mortgage lenders broadened Tuesday, as shares of Accredited Home Lenders Holding (LEND) lost two-thirds of their value and New Century Financial (NEWC) sank, with investors fearing
On the Move? Make Sure You Are Covered If you're relocating this summer, get enough insurance in case the truck hits a pothole along the way.via
ResCap shrugs off GM stigma Residential Capital, the newly created retail mortgage unit of General Motors , sold $4bn of bonds on Tuesday, marking its debut in the capital markets and its acceptance by investors
Industrial park in Visalia aims at small businesses An industrial park in Visalia aimed at new, small businesses is using a model for construction that has been used in residential home construction for years.read more...
Rate Trend Index -- Mortgages Each week, Bankrate.com surveys experts to gauge which way interest rates are headed on mortgages -- a vital tool if you're about to buy a home.read more...
Home Depot chief Blake says no decision yet on supply unit future The Home Depot Inc.'s chief executive said Thursday that the company still has not decided what to do with its wholesale distribution arm, despite its announcement last month that it
Rates on 30-year mortgages jumped to the highest level in more than two years this week as financial markets grew more concerned about inflation. Mortgage giant Freddie Mac reported Thursday that the nationwide average for 30-year, fixed-rate mortgages rose to 6.36 percent, up from 6.31 percent last week. That was the highest level since 30year…
read more…
This entry was posted
on Thursday, November 10th, 2005 at 12:24 am and is filed under Mortgages.
You can follow any responses to this entry through the comments RSS 2.0 feed.
You can leave a response, or trackback from your own site.
Leave a Reply