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Mortgage rates continue decline (Detroit Free Press) Rates on 30-year mortgages resumed their decline this week, falling for the 10th time in the past 12 weeks. Mortgage giant Freddie Mac said Thursday its weekly survey showed that
U.S. MBA's Mortgage Applications Index Rose 2.4% Last Week (Bloomberg.com) Oct. 10 (Bloomberg) -- Mortgage applications in the U.S. rose 2.4 percent last week, as purchases gained for the first time in three weeks and refinancing rebounded.read more...
Small locally owned bank posts big gains Community Central Bank CEO David Widlak is a tireless promoter of locally owned banks and he has results to back up his claims.read more...
Home Building Declines in October "We are likely to see a steady downward trend in housing activity over the next few months all tied to rising mortgage rates," said Nariman Behravesh, chief economist at Global
Housing slump catches up to Charlotte "I don't think we get back to what most people would think of us as a strong housing market until 2012." Dip in home building and sales accelerates, but
MBNA Mortgage Division Could Be Eliminated (WeatherNet5.com) NewsChannel5 sources say MBNA is eliminating its mortgage division, which could affect about 300 employees at the Beachwood facility.read more...