Mortgage applications rise in latest week: MBA (Reuters via Yahoo! News) Mortgage applications rose after falling for three straight weeks, bouncing back from the lowest level in more than six years and overcoming a rise in home loan rates, an
Fed Cuts Key Rate By Quarter-Point "Financial markets remain under considerable stress and tight credit conditions and deepening housing contractions are likely to weigh on economic growth over the next few quarters" The Federal Reserve
Calhoun supports hospital borrowing By TUCKER LYON , T&D Government Writer Tuesday, November 28, 2006 ST. MATTHEWS - ' With the entire Regional Medical Center board on hand Monday, Calhoun County Council gave a
US mortgage lender delays dividend amid credit crunch (AFP via Yahoo! News) A leading US mortgage lender that specializes in high-quality, adjustable-rate jumbo loans to homebuyers on Tuesday postponed a dividend payment because of the turmoil in financial markets.read more...
Stocks Slump As Hopes for Rate Cut Fall Wall Street slumped Friday after another reading on inflation deflated hopes the Federal Reserve will start moving toward an interest rate cut when it meets next week.Commentread more...
PRC imposes new property controls "Domestic property prices are rising quite fast and there are obviously irrational factors behind this" China has announced another package of measures to cool the country's red-hot property market,
INDIVIDUAL LENDER RATES The mortgage interest rate list represents a sampling of rates as quoted by lenders in the Houston market on Friday. Rates, which may change on Monday, are for 90 percent loans and do not include origination fees. The numbers in parentheses after the rates are discount points. A point is equal to 1 percent of the loan amount
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