Mortgage market, interest rates cut into NASB earnings (Kansas City Star) NASB Financial Inc. cited a ?difficult mortgage lending environment? and pressure on interest rate spreads this morning for a 12.2 percent drop in fourth quarter earnings.read more...
Congress wrangles over mortgage rescue bill A long-stalled mortgage rescue inched Thursday toward Senate passage, only to be sent back to the House for more votes and intense negotiations to resolve disputes that are delaying help
U.K. Mortgage Approvals Rise to Highest in 3 Years (Update2) (Bloomberg.com) Jan. 4 (Bloomberg) -- U.K. mortgage approvals increased in November to the highest level in three years in a sign the Bank of England may need to keep raising interest
Generic Reports Don't Reflect Real Estate in Polk Many folks are standing on the corner of commerce, overwhelmed by all the things they read and hear regarding the real estate market. Some have asked about the continuing "mixed"
Wall dividing black, white Detroit gets mural A portion of a 6-foot-high concrete wall that once divided black and white neighborhoods in the rigidly segregated city a half century ago is getting a mural.read more...
Fund manager loads up on mortgage-backed bonds (International Herald Tribune) Joseph Balestrino, manager of the Federated Total Return Bond Fund, was buying when investors fled mortgage bonds.read more...
The number of applications for mortgages at major U.S. banks fell by 10.2 percent on a seasonally adjusted basis last week from the previous week as mortgage rates rose, the Mortgage Bankers Association reported Wednesday.
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