30-year mortgage rates at 6.11%, near year low (USA Today) Mortgage giant Freddie Mac reported Thursday that 30-year, fixed-rate mortgages averaged 6.11%, down from 6.14% last week. The only time rates have been lower this year was the week of
John Charcol Dubai to revolutionise the Dubai property mortgage market (AME Info) John Charcol, the UK's leading independent mortgage broker, established in 1974, is pleased to announce the opening of its first international franchise in Dubai.read more...
How China delays plunge in U.S. Treasuries A Chinese currency revaluation of the kind engineered last month was expected to slam the U.S. bond market.read more...
Builder Reports Drop in Orders Home builder NVR Inc. reported yesterday that new orders in the Washington area fell almost 19 percent in the third quarter from a year earlier, adding to evidence that the
Senate Panel to Study Minority-Lending Disparity Sen. Gary Siplin walked into the Senate Banking and Insurance Committee meeting Monday wanting to make it a felony for a bank employee to reject a home-loan application because of
Banks Under Fire Over High Charges Banks are reported to be facing a wave of claims for the repayment of charges dating back six years.read more...
Net income for the Buffalo, New York-based company rose to $205 million, or $1.78 per share, from $192.2 million, or $1.62, a year earlier.
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