Interest Rate Roundup Here's a look at the state of interest rates on five common consumer banking products and the latest rates from Bankrate.com's weekly national survey of large banks and thrifts.read more...
Guess Who?s Feeling the Mortgage Pain (New York Times) Nine months into the meltdown of the home loan market, investors are still waiting for banks, brokerage firms and other companies to come clean on losses.read more...
Mortgage plan won't alleviate most ills (Louisville Courier-Journal) How timely that just as President Bush was announcing a deal to help homeowners struggling with their mortgage payments, new data showed that foreclosure starts set a record.read more...
Lowe's Reports 3Q Profit Increase Lowe's Cos. reported a profit increase of nearly 11 percent Monday for the third quarter, and warned its fourth-quarter results would be weaker than expected.Commentread more...
Mortgage lending rises despite debt fears (Guardian Unlimited) Lending and savings figures for March published today suggest that consumers are cutting down on unsecured borrowing and putting more cash on deposit while taking on increasing levels of mortgage
House considers strengthening federal oversight of top mortgage companies Check out what's going on in and around Tucson, with the Citizen's new events calendar.via
Dec. 28 (Bloomberg)—The number of mortgage applications filed last week fell to the lowest level in more than three years, more evidence the U.S. housing market is stumbling.
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