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.
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Mortgage approvals fall to series low in July (Reuters via Yahoo! UK & Ireland News) Mortgage approvals fell for the 12th consecutive month to hit a series low in July, the Bank of England said on Monday, pointing to further sharp falls in house prices
Food bank fills dire need Jennifer never expected she would need help from the Calgary Inter-Faith Food Bank.read more...
Two kinds of home appraisals and one has experts steaming With home prices stagnant or declining in dozens of markets around the country, a bitter dispute has broken out in the property appraisal industry - a fight that could affect
Austin man sentenced to 27 years for mortgage fraud (News 8 Austin) Former Austinite Cornelius Robinson has been sentenced to more than 27 years in prison, for a mortgage fraud scheme. Federal prosecutors said he bought houses in the Austin and San
Home Lenders Feeling Heat The Securities and Exchange Commission is investigating a number of companies that operate in the troubled market for sub-prime mortgage loans, the agency's top enforcement official said Monday.Commentread more...
Merrill closing home lending unit Merrill Lynch & Co. said on Wednesday it will stop funding loans at its troubled First Franklin home lending unit, and explore selling the company it bought for $1.3