Weekend Links
An interesting post with a nice chart and some good discussion over at Calculated Risk where a portion of mortgage equity withdrawal is subtracted from the consumer spending component of GDP - the result is …
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Nashville homes less affordable for many Nashville resident Sonia Sewell spends 45 percent of her income to pay the monthly $775 rent on her three-bedroom home.Commentread more...
Mortgage rates steady; ARM demand slows (Market Watch) CHICAGO (MarketWatch) -- With the near-term fate of Federal Reserve interest-rate policy unclear, mortgage rates were little changed in the first week of the year, the latest survey from Freddie
Korea Asset to sell its Daewoo stake Korea Asset Management Corp., a government run bad-debt manager, said it plans to start selling its 57.4 percent stake in unlisted Daewoo Electronics Corp.read more...
Celestica on Board for Xbox Microsoft will add Celestica to its list of manufacturers building the next-generation Xbox 360 video game, the software company announced Tuesday.read more...
J.D. POWER AND ASSOCIATES RANKS MORTGAGE SERVICING COMPANIES (BuildingOnline) WESTLAKE VILLAGE, CA Ð- J.D. Power and Associates, perhaps best known for its satisfaction surveys of car owners, recently turned its survey clipboards to the home mortgage servicing industry.read more...
Mortgage applications rebound as rates lowest since March Mortgage applications rose for the first time in four weeks as long-term home loan interest rates plunged to their lowest levels since March, data from the industry's main trade group