Mortgage rates stayed high last week (San Francisco Chronicle) Rates on 30-year mortgages didn't budge last week, while rates on other home loans were a mixed bag. Freddie Mac, the mortgage company, reported Thursday that 30-year, fixed-rate mortgages averaged
Delinquency drops The percentage of Americans paying their mortgages late fell in the first quarter, with 4.31% of all loans delinquent versus 4.46% in the first quarter of 2004 and 4.38% in
Mortgage Rates Highest Since September, 2003 Mortgage rates rose for the ninth week in a row after bond investors were scared over evidence that wage earners are making more money.read more...
Subprime Mortgage Bust Forces Families From Homes (CBS 13 Sacramento) Many families would never have become homeowners if not for a kind of mortgage business called subprime lending. It long seemed like a winning proposition for all parties. Now the
Why Mortgage Life Insurance is Not a Good Idea (Hope Star) (ARA) - If you've recently taken out a mortgage, brace yourself for the onslaught. Before you even finish unpacking, your mailbox will likely be filled with offers for all kinds
Stocks fall on rate worries Stocks fell on Wednesday as financial and home building shares declined amid worries about rising interest rates, while shares of energy companies were dragged lower as oil slipped below $60
Rates on 30-year mortgages rose this week to the highest level in 21/2 years as financial markets began to worry more about inflation. Mortgage giant Freddie Mac reported Thursday that rates on 30-year, fixed-rate mortgages averaged 6.43 percent this week, up from 6.35 percent last week.
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