Rising Bond Yields Trigger Broad Sell-Off
Rising bond yields triggered a broad sell-off on Wall Street on Monday, and investors’ jitters about interest rates also fueled declines in recently hot Latin American markets.
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Washington Examiner: Business A judge told the Internal Revenue Service that he intends to rule that tax collectors were too restrictive while looking for companies to run the first phase of the agency's
Mortgage application volume plummets (MSNBC) Mortgage application volume tumbled 22.6 percent during the week ending Feb. 15 as most interest rates rose, according to the Mortgage Bankers Association's weekly application survey.read more...
Consumer Confidence, Home Sales Rise WASHINGTON The U.S. economy is ending the year with a hopeful set of reports showing that consumer confidence soared in December and the worst of the downturn for the battered
NJ Latest to Target Mortgage Woes (AP via Yahoo! Finance) New Jersey lawmakers are moving to cut mortgage foreclosures by imposing a six-month moratorium on subprime loan defaults, creating a new loan fund to help people stay in their
Financing a rental with negative amortization mortgage The initial rate is a teaser. You need to know the real rate, says Dr. Don.read more...
Mortgage Applications Jump on Lower Recent Interest Rates (Fox News) Interest rates remained below recent highs, fueling a leap in mortgage applications last week.read more...