Mortgage worries, Bear Stearns credit downgrade hit stocks (Market Watch) BOSTON (MarketWatch) -- Financials stocks traded lower Friday afternoon on continuing problems in the subprime-mortgage market and after Standard & Poor's cut its ratings outlook on Bear Stearns Cos. following
Freeze Aims At Loan Rates On Mortgages read more...
Morning briefing The National Association of Realtors is expected to report this morning that sales of previously owned homes slowed last month, lending further evidence that the U.S. housing market is cooling.read
Euro under pressure in reports of possible ECB rate cut The euro was under continued pressure following a surprisingly strong interest rate cut by the Swedish central bank -- the Riksbank -- that fuelled speculation the European Central Bank might
Limits raised on quick-fix loans The government's oldest housing program has a new twist: Borrowers now can add the cost of replacing worn out appliances, leaky windows or squeaky floors to their mortgages without a
Mortgage delinquencies low (TimesLeader.com) Bubble, what bubble? Fears of housing bubbles nationwide may be overblown, according to top officials in the Federal Deposit Insurance Corp., the federal agency that regulates loans.via
Welcome to the eighth fortnightly Cairns Lockie Mortgage Commentary for 2007. We aim to keep you informed on developments at Cairns Lockie, Mortgage Bankers and the mortgage market in general.
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