Mortgage rates stay flat
A week filled with contradictory economic data let mortgage rates end pretty much where they started out in Bankrate’s weekly survey. The benchmark 30-year fixed rate stayed at 6.42 percent.
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Small company is home to big plans One Saturday this spring, Gloucester Stage Company was throbbing with activity. An architect was taking final measurements for a major renovation, a contractor was talking about the new air conditioners,
Fraud alert issued after mortgage files dumped (Denver Post) Consumers who did business with Cove Creek Mortgage could become victims of identity theft as files with sensitive information were tossed into a Dumpster, officials warned.read more...
Bank?s 100% mortgage expected to spark property surge (Sunday Business Post) Mortgage applications are reportedly set to surge following a move by First Active to lend 100% of the house price to intending buyers.via
Record low for mortgage approvals (ShareCast via Yahoo! UK & Ireland Finance) Mortgage lending by the UK's high street banks plunged by 64% in August from the same time last year to a new record low.read more...
Business Diary (Reg Req'd) Boykin Lodging Co., a Cleveland hotel real estate investment trust, amended employee agreements with its chief executive and other top officers to protect them if the company changes hands, according
Pimco's Gross Plans to Buy Municipal, Mortgage Debt (Update3) (Bloomberg.com) Feb. 29 (Bloomberg) -- Bill Gross, manager of the world's biggest bond fund, plans to invest in municipal bonds and mortgage loans as banks' reluctance to lend forces hedge funds