Mortgage Rates Decline, to 6.48%
Rates on 30-year mortgages fell for a fifth consecutive week as sales of both existing and new homes in July declined, confirming a cooling housing market.
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2,403 to lose jobs at mortgage lender IndyMac (The Plain Dealer) Los Angeles- Mortgage lender IndyMac Bancorp Inc. said Tuesday it will slash its work force by 24 percent, dismissing 2,403 employees in a bid to cut costs as it tries
Westpac cuts Mortgage Choice commissions (AAP via Yahoo!Xtra News) Listed home loan broker Mortgage Choice Ltd has confirmed its funding source, Westpac Banking Corporation, plans to cut commissions for new business.read more...
U.S. Supreme Court Justice William H. Rehnquist Dies Largest Private Cos. People World's Richest People 100 Top Celebrities 400 Richest Americans Best Paid CEOs Places Best Places Personal Finance Estate Planning Funds Philanthropy Retirement Strategies Taxes ...read more...
Abbey offers 2 year 4.39% mortgage ABBEY has launched a new two-year mortgage, fixed at 4.39 per cent. Available for those remortgaging, the deal is available on up to 75 per cent of a property's value.read
New Mortgage Rescue Goes Beyond Subprime (ABC News) Lenders Offer Broader Mortgage Plan Extended to Borrowers of All Loans, Not Just Subprime read more...
Mortgage crisis squeezes families' budgets as they struggle to balance survival needs (The Muskegon Chronicle) In April, Janet Misner was five months behind on her mortgage and just days from foreclosure.read more...