Mortgage rates rise slightly
The benchmark 30-year fixed rate rose to 6.46 percent in Bankrate’s weekly survey of large lenders.
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Schwarzenegger vetoes bill increasing oversight of mortgage brokers (Los Angeles Times) Assemblyman Ted Lieu's proposal targeted state-licensed brokers who put borrowers into mortgages they couldn't afford. A yearlong push by lawmakers to combat growing numbers of mortgage foreclosures
Will Real Estate Finally Bloom Come Springtime? Investors might discover in the weeks ahead that calling a bottom in the housing downturn is a mug's game. A large number of homes for sale are unoccupied -- making
Women racking up more debt than men Women owe over twice as much as men but worry more about the perceived social stigma of debt than repayment, according to a study on Friday.Commentread more...
Subprime mortgage losses miniscule compared to what is cooking in the prime mortgage areas ?financial meltdown ... (India Daily) It is quiet and steady meltdown. The bubble is imploding slowly and steadily. What happened to Citi Bank, Chase, Wachovia, Merrill and others is just a tip of the iceberg.
Mortgage servicer settles FTC charges Published: Sunday, September 21, 2008 at 1:00 a.m. Last Modified: Thursday, September 18, 2008 at 12:40 p.m. Fannie Mae, Freddie Mac, Merrill Lynch and Lehman Brothers may be dominating the
Pending U.S. Home Sales Index Dropped Second Month in a Row Designed to measure the direction of the housing market the index suggests that demand for previously owned homes will decline this year. Rising mortgage rates are partly to blame, says