30-Year Mortgages Drop to 6.14%
Mortgage rates around the country fell this week, with rates on 30-year mortgages dipping to the lowest level since January.
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Existing house sales, prices set records in June Sales of existing houses set a record in June and prices shot up at the fastest pace in nearly 25 years.read more...
Bank and CBI clash Two wildly differing pictures of the British economy were released yesterday, when the CBI said retail sales are falling at their fastest rate for 22 years, even as the Bank
GMAC posts loss on mortgage pressure General Motors Corp's former finance arm GMAC on Wednesday swung to a first-quarter loss, as pressure on the U.S. mortgage market forced the company to take charges at its
For Mortgages, A Shot In The Arms It is the latest twist in the gravity-defying world of the high housing prices and exotic low-rate mortgages: As monthly payments on adjustable-rate mortgages are starting to balloon, many Americans
Asa Aarons' Ask Asa: Nail a phony contractor by making quick call first A New York consumer was surprised to discover that his longtime roofer was no longer advertising his home improvement license number on his trucks.read more...
Annaly Mortgage Management, Inc. Announces Preferred Dividend (Business Wire via Yahoo! Finance) In accordance with the terms of the Company's 7.875% Series A Cumulative Redeemable Preferred Stock, the Board of Directors of Annaly Mortgage Management has declared a preferred stock dividend