Mortgage demand rises amid Fed increase (USA Today) U.S. mortgage applications rose for the first time in three weeks as interest rates on home loans fell from a four-year high last week when the Federal Reserve raised borrowing
Financing construction of a spec house Real estate investing isn't as easy as some claim, Dr. Don says.via
Bankrate: Mortgage Rates Fall Despite Brewing Inflation Concerns (Builder Online) NEW YORK, Jan. 19 /PRNewswire-FirstCall/ -- Fixed mortgage rates dropped for the sixth straight week, with rates at the lowest point since mid-October.read more...
Countrywide Sept. Mortgage Fundings Drop (Washington Post) NEW YORK -- Countrywide Financial Corp. said Thursday its mortgage fundings for September fell 44 percent from the same period a year ago, and the mortgage lender is now facing
Wachovia Names Mortgage Credit President (AP via Yahoo! Finance) Wachovia Corp. named David Pope president of mortgage and retail credit, the bank said Thursday. Pope, who has worked at Wachovia for 20 years, has been chief operating officer
Folsom mortgage lender shuts down amid rising home loan defaults Defaults have claimed the first home lending casualty in the Sacramento region with the demise of Folsom-based Central Pacific Mortgage.Commentread more...
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