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Stocks Close Higher After Uneasy Session   Wall Street finished higher in an uneasy session Monday as retail and homebuilders stocks rose on expectations for more interest rate cuts, but banks and insurers fell on worries


National City earnings hit by lower mortgage profit (bizjournals.com via Yahoo! Finance)   National City Corp.'s third quarter profit declined 19 percent from a year earlier because of weakness in its mortgage division, the bank said Tuesday.read more...


Pros and Cons of Newest Water Heaters  Q. One of my neighbors just had an instantaneous water heater installed in her house and she loves it. She says the salesman told her that it will save them


Housing slump impacts HSBC mortgage (bizjournals.com via Yahoo! Finance)   The U.S. mortgage unit of HSBC Holdings plc said Wednesday that it will close an office with about 600 employees in Carmel, Ind. by June 30, 2008.read more...


GM sheds more GMAC assets  Those waiting for a big break between GM and GMAC will likely be disappointed, as it looks as if the auto company is pursuing a piecemeal approach to divesting itself


Help Sought In Identifying Girl's Body  Do you recognize the teenage girl in this picture? The Polk County Sheriff's Office is seeking help in identifying this girl, whose body was found burning in Poinciana on Thursday

December 20th, 2006

Mortgage rates up for 2nd straight week (CNN Money)

Mortgage rates edged higher for the second week in a row, which could bode well for the housing market, a survey said Thursday.

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