30-year mortgage rates dip (Provo Daily Herald) WASHINGTON -- Mortgage rates around the country fell this week, with rates on 30-year mortgages dipping to the second lowest level of the year, pushed down by further signs
Mortgage demand at '08 low with 30-year rates above 6% (USA Today) Mortgage applications plunged last week to the lowest level this year as surging interest rates slashed demand for home loans, industry group data showed Wednesday.read more...
M&T slides on mortgage woes, First Data soars on deal (Market Watch) NEW YORK (MarketWatch) - M&T Bancorp shares fell nearly 9% Monday after analysts downgraded the bank in anticipation of lower results due to subprime mortgage losses, casting a pall over
Washington Mutual closing offices, laying off 2,500 Seattle-based Washington Mutual, the nation's largest savings and loan company, says it will cut 2,500 jobs by closing 10 home-loan support offices.read more...
Foreclosure notice filed on house of Tennessee Waltz figure Ford MEMPHIS, Tenn. Former state Senator John Ford faces foreclosure on a half million dollar house in suburban Memphis.read more...
Fed: Housing, Credit Woes Slow Economy "Contacts in a number of industries indicated a higher-than-usual degree of uncertainty about the outlook for economic activity" The economy logged slower growth in the early fall as troubles
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