Mortgage market pressures prompt ANZ to 'review' wholesaler (The Age) The competitive squeeze in the home loan market has led to ANZ effectively putting its stand-alone Origin wholesale mortgage business up for sale, which could prompt a bidding war among
Mortgage rates turn down again (Atlanta Journal-Constitution) Rates on 30-year mortgages dropped this week to the lowest level in a month as financial markets viewed new evidence of a slowing economy as a sign that inflation will
Lack of affordable housing pushing many out of area Malinda Bollig is a 31-year-old single mother of two, works two jobs, has no debt and owns her car outright.read more...
London attacks sink Sensex by 142 pts MUMBAI, JULY 7: Bulls scrambled for cover as a series of explosions in London triggered off panic selling in financial markets across the world.via
Katrina's effect on week's markets Is uncertain The physical and psychological damage caused by Hurricane Katrina is likely to reverberate across the global economy in ways that will curb growth well into 2006, economists say.read more...
Is tax 'rebate' doomed to fail? Will a simple choice of words derail the government's plan to stimulate the economy?read more...
The heads of embattled mortgage companies Fannie Mae and Freddie Mac told Congress on Wednesday they are on the right course after accounting scandals and that they oppose limiting their combined $1.5 trillion mortgage portfolios.
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