Stocks drop; mortgage default woes hit bank stocks (Reuters via Yahoo! News) Stocks fell for a third straight session on Friday as concern over rising defaults in the subprime mortgage industry sent financial services shares for their worst drop in a
Living in a garage, a family's story Mary never anticipated that her family would end up in a converted garage. While always afraid of being discovered, they've made the best of it.read more...
Dropping gas prices push inflation back in November Canada's annual inflation rate slipped to two per cent in November, down from 2.6 per cent in October, Statistics Canada reported Tuesday.read more...
Bankrate: Mortgage Rates Inch Higher (SYS-CON Media) Mortgage rates moved higher for the third consecutive week following strong consumer spending figures for November. The average 30-year fixed rate mortgage is now 6.23 percent. According to Bankrate.com's weekly
The Wisdom of Wall St.? Sometimes It's Wrong As 2006 begins, the great American housing boom is going to weaken, if not collapse.read more...
National City to fold home equity unit into mortgage division (bizjournals.com via Yahoo! Finance) National City Corp. is going to close its National Home Equity business unit and consolidate some of its operations and workers into its National City Mortgage unit, the company
For a fourth week, the prevailing rate for a 30-year fixed-rate mortgage in Hawaii is holding at a flat 6 percent, the Honolulu Board of Realtors reported Friday.
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