Interest Rate Roundup Here's a look at the state of interest rates on five common consumer banking products and the latest rates from Bankrate.com's weekly national survey of large banks and thrifts.read more...
U.S. homebuilders defy expectations, raise construction sharply in September American home construction unexpectedly rose in September to the highest level in seven months, defying expectations of a slowdown in the booming housing market.read more...
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Merrill Lynch Launches New Commercial Mortgage Backed Securities Index (Business Wire via Yahoo! Finance) Merrill Lynch & Co., Inc. today launched a new U.S. Commercial Mortgage Backed Securities Index series designed to tracked the performance of this growing, and increasingly important, asset class.read
Retiree off to aid tsunami victims No front-porch rocker for Christopher Sherry. Sherry, interior design program director at Brenau University, plans to kick off his retirement years with a big adventure, building homes for tsunami victims
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May 11 (Bloomberg)—Merrill Lynch & Co., preparing for its biggest expansion since the 1990s, plans to buy a mortgage lender, triple its corporate investments and increase trading bets to boost shareholder returns that trail those of rivals.
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