Mortgage Rates Inch Up (Forbes) Freddie Mac reported that the average 30-year fixed mortgage rate rose to 6.4% last week on better than expected employment news.read more...
Understanding hybrid CDs Callable, bump-up and step-up CDs offer higher yields than their ordinary cousins, but need to be judged carefully.read more...
30-Year Mortgage Rates Spike to 3-and-a-Half Year High (Fox News) Due to inflation worries in financial markets, rates jump to highest level since 2002, according to Mortgage giant Freddie Mac.read more...
Bank of England voted 9-0 to freeze interest rates Bank of England policymakers voted unanimously to keep the cost of borrowing in Britain at 4.50 percent earlier this month, minutes of their latest meeting showed.read more...
Finance or use savings for construction A construction to permanent loan would save on closing costs, says Dr. Don.read more...
WPB deal would move agencies In an attempt to convert public land for lucrative private development financed by a $100 million public bond issue, County Commissioner Jeff Koons and lawyer-turned-developer Michael D. Masanoff surprised ...read
Fannie Mae , the largest U.S. home funding company, said on Wednesday its mortgage portfolio jumped in April, as expected, but contraction looms now that the company’s regulator has capped its holdings.
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