Economy The euro fell near its nine-month low against the dollar Thursday after U.S. Federal Reserve Chairman Alan Greenspan gave an upbeat assessment of the U.S. economy.via
HOUSTON MORTGAGE MONITOR (Houston Chronicle) INDIVIDUAL LENDER RATES The mortgage interest rate list represents a sampling of rates as quoted by lenders in the Houston market on Friday. Rates, which may change on
Charges are less than expected at builder D.R. Horton "The company actually had a pretty good quarter relative to our expectations, particularly revenue, closings, margins and the impairments were much lower than we thought" D.R. Horton , the
Thornburg Mortgage Delays Its Hail Mary (Forbes) The beleagured mortgage lender still has issues to work out.read more...
Economy buffers mortgage crisis (News Interactive) AUSTRALIANS should not be concerned about rising interest rates fuelled by a surge in mortgage defaults in the US, Treasurer Peter Costello has said.read more...
ARM, hybrid ARM or fixed-rate mortgage? A hybrid ARM might be best for a limited stay in the house, says Dr. Don.read more...
New guidelines for nontraditional mortgages will be released this fall, with the goal of clarifying loan terms and tightening standards.
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