Mortgage Rates Close In On 6 Percent (Bakersfield Channel.com) McLEAN, Va. -- Mortgage rates edged higher again this week. Mortgage company Freddie Mac said its weekly survey found that the 30-year fixed-rate mortgage averaged 5.89 percent, up from last
Mortgage lender Ameriquest in $325 million settlement with states: source Mortgage lender Ameriquest in $325 million settlement with states: source ALEX VEIGA LOS ANGELES - The parent company of mortgage lender Ameriquest has agreed to pay $325 million to settle
Bear Market In Bear Stearns Mortgage Jobs (Forbes) The troubled firm reduces headcount at its mortgage-lending division.read more...
Merrill May Acquire Mortgage Lender, Boost Trading (Update2) (Bloomberg.com) May 11 (Bloomberg) -- Merrill Lynch & Co., preparing for its biggest expansion since the 1990s, plans to buy a mortgage lender, triple its corporate investments and increase trading bets
Lawmakers tackle mortgage giant reform (AP via Yahoo! News) Amid a worsening housing slump, Senate and House lawmakers are pushing different approaches to strengthen oversight of the two government-backed mortgage giants, Fannie Mae and Freddie Mac.read more...
Many with adjustable mortages feel pinched, survey finds "We talk about the American dream of home ownership, but it's become a nightmare for some people" By KEVIN CROWE and GUIDO H. STEMPEL III Scripps Howard News Service
(ARA) – Fixed rate. Adjustable rate. Interest Only. Flex. All of the different types of home loans that are available these days can puzzle many homebuyers. But, say mortgage experts, virtually every home loan is one of two types: a fixed rate loan or an adjustable rate loan.
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