Home market may be shark-infested
THE U.S. home market is like a beach after a shark has been spotted. Almost everyone is avoiding the water until an “all clear” has been given by the lifeguard.
Comment
read more…
Bernanke gets his first crack at rates Federal Reserve Board Chairman Ben Bernanke speaks during the Independent Community Bankers of America convention in a Las Vegas file photo from March 8, 2006.read more...
Point Loma Community Bank launches residential mortgage division (San Diego Daily Transcript via Yahoo! News) Tony Calabrese, president of Point Loma Community Bank, announced Thursday the bank opened a new full-service residential mortgage lending division, and Chris Andrews stepped on to lead the new
Study says home prices continue slowdown The rate of increase in U.S. home prices remained steady in the fourth quarter of 2006, extending the slowing trend that began earlier in the year, federal regulators reported Thursday.Commentread
Bank holds rates as mortgage data emerge (FT.com via Yahoo! News) The Bank of England left interest rates unchanged at 5.5 per cent on Thursday, as fresh evidence emerged that mortgage borrowers are not yet getting the full benefit of
Mortgage lending rises despite debt fears (Guardian Unlimited) Lending and savings figures for March published today suggest that consumers are cutting down on unsecured borrowing and putting more cash on deposit while taking on increasing levels of mortgage
First Union Real Estate Equity and Mortgage Investments Announces Financial Results for the Three and Nine Months Ended (PR Newswire via Yahoo! Finance) First Union Real Estate Equity and Mortgage Investments , a real estate investment trust, announced today the operating results for the third quarter ended September 30, 2005.read more...