Economic growth lower than expected
Providing further evidence of the U.S. economy’s slowing momentum, federal officials on Thursday revised first-quarter gross domestic product growth upward by a lower-than-expected amount.
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Investing Basics: Develop a savings plan It's a lesson we forget too often as we become adults.read more...
Ntlo to help in home dcor A new decor magazine dubbed Ntlo has hit the store shelves. Realising the desire by locals to transform their modest homes into palaces interior designer Nunu Matlhare came up with
30-year mortgage rates jump to 5-month high (San Jose Mercury News) Rates on 30-year mortgages jumped this week to the highest level in five months, reflecting financial market anxieties about inflation. Mortgage giant Freddie Mac reported Thursday that the nationwide average
Leading mortgage lender forced to borrow billions (San Gabriel Valley Tribune) CALABASAS - Countrywide Financial Corp.'s financial trouble deepened Thursday, forcing the nation's biggest mortgage lender to tap an $11.5 billion credit line to fund operations.read more...
CPB cuts jobs in mortgage lending (BizJournals) Central Pacific Bank told Wall Street analysts that it's had to cut 10 percent of the jobs in its home-mortgage business.read more...
30-year mortgage rates move up (The Daily Sentinel) A better-than-expected job report helped ease concerns about the economy, in turn sending mortgage interest rates higher this week, a national report showed Thursday.read more...