Mortgage Rates Decline Again, to 6.52%
Rates on 30-year mortgages fell for a fourth consecutive week as a slowing economy eased concerns about inflation.
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Personal Finance GE Commercial Finance, a financial services arm of General Electric Co., says it has agreed to acquire about $1 billion in aircraft assets from CIT Group Inc., a provider of
IFC ready to approve technical assistance to mortgaging in Azerbaijan The International Finance Corporation and donors are ready to approve the technical assistance project, Primary Mortgage Market Development Project , targeted at Azerbaijan and 4 Central Asian states .read more...
Existing home sales hit record in '05 despite Dec. dip WASHINGTON - Sales of existing homes set a record for a fifth straight year in 2005 even though the year ended on a weaker note with three straight monthly declines,
Tools of the Trade: Crunching Numbers RISMEDIA, Jan. 9 - These days, buyers want to know as much as they can-as quickly as they can-about a product.read more...
Credit-score panacea failed to stop mortgage crisis (Reuters via Yahoo! News) LOS ANGELES (Reuters) - The crisis that has swept the U.S. subprime mortgage industry may come down to a simple, three-digit number, multiplied by millions.read more...
Wachovia to enter German mortgage market (bizjournals.com via Yahoo! Finance) Wachovia Corp. plans to expand into Germany's mortgage market this year, Reuters reports, citing a company official's remarks to a German newspaper.read more...