National City Earnings Down 5 Percent Midwestern banking company National City Corp. on Tuesday said first-quarter earnings fell 5 percent from the year-ago period because of a decline in fees and mortgage revenue.read more...
Asian Markets Fall Sharply "As for the U.S. economy, the risk of recession is increasing toward the next year" Asian markets fell sharply Monday as traders took their cues from Wall Street, where
'Bubble' trouble at Twin Oak New problem causes headaches, but the building is still under warranty. News Staff Writer MOUNT VERNON - Mysterious bubbles have emerged in isolated spots around the commons floor at Twin
Your Money Matters: Dealing with Rising Mortgage Interest Rates (Hornell Evening Tribune) (ARA) - Many Americans are asking themselves what they should be doing in the wake of rising, and sometimes, fluctuating mortgage rates. It's an important question because for many Americans
Rate of Home-Price Increases Falls To Slowest Pace in Eight Years In the third quarter, there was a year-over-year price increase of 3.5%, the Office of Federal Housing Enterprise Oversight says. Anderson, Ind., saw the biggest year-over-year price decline, while the
30-year mortgage rates dip below 6 percent (AP via Yahoo! Finance) Rates on 30-year mortgages fell below 6 percent this week, recording the first decline in three weeks. Freddie Mac, the mortgage company, reported Thursday that 30-year, fixed-rate mortgages averaged
After two years of steady increases in bank rates, economists are suggesting the next move may be downward. But the real question in most people?s minds is, what will this mean for mortgage rates? As well as, what?s better: variable or fixed?
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