U.S. mortgage rates edge up; 30-year at 6.24%
Mortgage rates were little changed in the latest week, with the national average rate on the benchmark 30-year loan inching higher to 6.24% from 6.23% a week ago, Freddie Mac said Thursday.
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ROMANIA: BNR Will Not Limit Mortgage/Housing Loans (seeurope.net) Romania's Central Bank (BNR) does not have in view imposing some restrictions for rising the interest rates for the mortgage or housing loans in order to limit them, said BNR
Home Sales Drop In April read more...
Credit crisis is not yet over: Merrill Lynch "Everyone bears some responsibility: the mortgage lenders, the institutions that sold this credit on to others, the valuation agencies that evaluated the loans and the investors who bought them"
Aiming at home-building careers For millions of Americans the American Dream is realized by home ownership. But homes don't build themselves, and with the economy steadily growing, there is more and more demand for
Citigroup to overhaul troubled US mortgage business (AFP via Yahoo! News) US financial giant Citigroup announced a radical overhaul of its troubled US mortgage business Thursday aimed at stemming multibillion dollars losses triggered by America's housing slump.read more...
Most U.S. Stocks Fall on Concern About Losses in Mortgage Bonds (Bloomberg.com) June 21 (Bloomberg) -- Most U.S. stocks fell for a second day on concern the paralysis of two Bear Stearns Cos. hedge funds may spark losses in mortgage securities.read more...