Stocks, bonds stumble after key economic data is released
Stock prices were slightly lower Thursday as investors get ready to put the cap on 2006.
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Mortgage delinquencies seen rising in 2006 (MSNBC) Mortgage delinquencies among homeowners with high-cost loans will rise by 10 to 15 percent in 2006, as borrowers struggle with higher interest rates, high debt levels and higher energy costs
Stocks in U.S. Decline, Slowing Fourth-Quarter Rally; Bank Shares Fall U.S. stocks declined, led by financial shares including Bank of America Corp. amid concern that a fourth-quarter rally may have gone too far given the outlook for higher interest rates.read
Treasuries Fall on Speculation Services Growth to Encourage Rate Increases U.S. Treasuries fell as a private report showed the services industry, the largest part of the economy, expanded in November at a pace that is likely to allow the Federal
CEO in the mail room (Reg Req'd) Herbert Wender encountered a problem after arriving in the executive suite at Radian Group Inc.read more...
Houston mortgage monitor (Houston Chronicle) INDIVIDUAL LENDER RATES The mortgage interest rate list represents a sampling of rates as quoted by lenders in the Houston market on Friday. Rates, which may change on
7 states to track mortgage brokers (The Cincinnati Enquirer) Kentucky is helping launch an effort for a standardized, mandatory process to more thoroughly license and track tens of thousands of mortgage brokers.read more...