Mortgage interest rates hit highest mark in 3 months (The Daily Sentinel)
Lukewarm inflation and strong economic growth propelled mortgage interest rates to their highest level in more than three months, a national survey found Thursday.
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HBOS streamlines costs with job cuts and mortgage unit closure (Financial Times) HBOS, the UK's biggest mortgage lender, is to cut 425 jobs and close one of its five mortgage brands to new business as it aims to streamline costs.read more...
Give consumers credit: They're managing debt (Reg Req'd) Consumers are doing a better job keeping up with their credit card bills, recent statistics show.via
Follow the condos When Doug Duncan, chief economist of the Mortgage Bankers Association, wants to get a forward peek at housing prices he looks at condos.read more...
Storage space a hot commodity for home buyers You and yours are surrounded by mounds of new stuff you might not have enough room for.read more...
Mortgage rates hit 4-year high (Atlanta Journal-Constitution) Mortgage rates rose this week with 30-year mortgages climbing to the highest level in more than four years on investor fears about inflation. Freddie Mac, the mortgage company, reported Thursday
home sales in 2006 have biggest drop since 1990 New-home sales fell in 2006 by the largest amount in 16 years, but they were up for a second consecutive month in December, raising hopes that the worst of the