30-Year Mortgage Rates Jump to 3-Year High
Rates on 30-year mortgages jumped to the highest level in 3 1/2 years this week, driven higher by inflation worries in financial markets.
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Mortgage applications down (CNN Money) Decrease comes despite rates falling to their lowest level since January, industry trade group says.read more...
Thornburg Mortgage Reports 1Q EPS of $0.66 (Business Wire via Yahoo! Finance) SANTA FE, N.M.----April 18, 2006--Thornburg Mortgage Inc. 1Q mortgage originations of $1.4 billion, up 23% year-over-year Quarterly dividend maintained at $0.68 Total assets increase to $46.1 billion; a 49%
Rates to rise as oil, housing prices jump Costly energy and stratospheric U.S. housing prices are probably enough to keep Federal Reserve Analysts polled by Reuters predicted a ninth straight quarter percentage point rise in the federal funds
Housing Starts Fade After Busy February U.S. builders broke ground on tens of thousands fewer homes than expected in March, the biggest one-month drop in residential construction activity in 14 years, according to government figures
Energy mortgages can be heart(h) warming A relatively unknown financing option might help you keep your home cozy as well as your bills more manageable.read more...
Mortgage lending posts biggest rise in more than a year (The Herald) UK mortgage lending grew in November at its fastest pace since summer 2004 ? the latest sign of a significant revival of activity in the housing market ? figures from