Mortgage rates dip on weak job growth (CNN Money)
Moderate job growth numbers, along with a slight bump in the unemployment rate, pushed mortgage rates down slightly in the past week, according to a survey released Thursday.
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Top five subprime lenders asked to testify: Dodd U.S. Senate Banking Committee Chairman Chris Dodd said on Monday he asked executives at five big subprime mortgage companies to testify at a Thursday hearing and explain their lending practices.Commentread
Fannie Mae regulator says more problems could be found As a poker player, Armando Falcon says he usually keeps his bets low until he gets a strong hand, then fearlessly raises the stakes.via
Mortgage applications rebound (CNN Money) Mortgage applications ended their five-week decline last week, according to the latest report by the Mortgage Bankers Association, helped by a decline in interest rates.read more...
Rates on college loans to rise by record amount Interest rates on federally backed loans for college students are set to jump by a record amount on July 1, the Department of Education said Tuesday.via
KB Home sells mortgage financing business to Countrywide (SanLuisObispo.com) LOS ANGELES - KB Home said Thursday it has agreed to sell its mortgage financing business to a subsidiary of Countrywide Financial Corp. and form a joint venture with the
Surging housing demand spurs strategy Calgary's new home construction business won't slow down with booming business The president and managing partner of Albi Homes Ltd.Commentread more...