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Connecticut suspends lending license of mortgage firm under probe (WOOD TV 8 Grand Rapids)   HARTFORD, Conn. -- The state Department of Banking on Tuesday suspended the lending licenses of a mortgage firm that is under a multistate investigation for not promptly funding loans...read


Sector Snap: Shares of mortgage lenders jump (AP via Yahoo! Finance)   Shares of mortgage lenders spiked in intraday trading Wednesday after data showed the number of mortgage applications rose last week, helped mostly by homeowners looking to refinance.read more...


Friendly and Sophisticated, Virginia's Inner Suburbs Offer Tastes of Mayberry and Manhattan   In the 1980s, the area of South Arlington called Shirlington was an I-395 off-ramp with no draw to speak of. But by the '90s, Shirlington Village started to turn into


Mortgage lender IndyMac to cut 24 percent of work force (San Francisco Chronicle)  Mortgage lender IndyMac Bancorp Inc. said Tuesday it will slash its work force by 24 percent, laying off 2,403 employees in a bid to cut costs as it tries to


Home market saturated : Economy, upgrading home motivations for sales  Cadillac News Barry Fall, right, an associate broker with Greater North Properties, shows a house in the Pine Knoll subdivision to Derek Dennis of Great Lakes Property and Construction.read more...


Kitchen and Lumber Expert  The Home Showcase by Standard was started to offer homeowners a place to go for professional assistance with their remodeling projects.read more...

August 31st, 2006

Bankrate: Mortgage Rates Hold Steady (Real Estate News)

Fixed mortgage rates are closely related to yields on long-term government bonds

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