Northern Rock 2nd-Half Net Rises 51% on Mortgage Gain (Update2) (Bloomberg.com) Jan. 24 (Bloomberg) -- Northern Rock Plc, the U.K.'s best- performing bank stock in 2006, said second-half profit rose 51 percent on increased mortgage lending and cost controls, beating analysts'
Mortgage Rates Fall (The Jackson Sun) The nationally averaged 30-year, fixed rate mortgage fell to 6.02 percent this week from 6.19 percent last week, according to bankrate.com. That rate may included the payment of some points.read
Flat Yield Curve Means Less Demand For ARM Products In The Future Last year at this time, the 30-year FRM averaged 6.08 percent. The average for the 15-year FRM this week is 5.34 percent, with an average 0.5 point, up from last
Put a Lid on Rising Mortgage Payments (Harrisburg Daily Register) (ARA) - Do you have a balloon mortgage that is coming due or an adjustable rate mortgage payment that has been steadily creeping up as interest rates change?read more...
Home builders eye big year in '06 despite slowing demand (Reg Req'd) Home builders eye big year in '06 despite slowing demand Financial ratings service urges caution with condos Major home builders are in line for another big year in 2006, according
Refinancing Refinance Rates as Low as 2.9% Refinancing - up to four free quotes. Compare rates and choose a great offer within our network.read more...
WASHINGTON Rates on 30-year mortgages fell for a fifth consecutive week even as the Federal Reserve was boosting short-term rates.
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