Dow, Nasdaq Extend Drop in Early Trading
Wall Street extended its slide Monday, falling on nagging concerns about mortgage defaults and as tumbling stock markets abroad again spooked investors.
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Late mortgage payments are near a 5-year low The percentage of late mortgage payments registered in the first quarter was the lowest in nearly five years.via
Mortgage rates up, but still low Mortgage rates have risen for a second straight week. Freddie Mac says the average for 30-year, fixed-rate mortgages is up to five-point-66 percent, compared to 5.62 percent last week.read more...
Mortgage rates rise on employment data (bizjournals.com via Yahoo! Finance) Mortgage rates were pushed up this week due to stronger-than-expected March employment data, according to Freddie Mac.read more...
Be sure to celebrate the season safely The winter holiday season is typically a time for celebration and that means more cooking, home decorating, entertaining, and also an increased risk of fire. via Hometown Life read
Treasury rates mixed at weekly auction Interest rates on short-term Treasury bills were mixed in Monday's auction with rates on six-month bills declining while rates on three-month bills hit the highest level in more than five
Mortgage fallout may hit first-time buyers (Orlando Sentinel) It's a lot tougher for first-time home buyers to secure a mortgage these days. read more...