Ahead of the Bell: Mortgage Lenders (AP via Yahoo! Finance) A Friedman Billings Ramsey analyst said Friday any benefit stocks of mortgage lenders will enjoy if the Federal Reserve cuts its interests rates this month will be temporary.read more...
Micro-Markets are Bucking the Trends Though real estate sales and prices are flat or down in dozens of metropolitan areas, micro-markets within them are performing very differently: Prices and sales are up this year over
S. Korea's Loan Rate Inches Higher in July The average interest rate on loans extended by South Korean banks rose slightly in July from a month earlier due to a jump in mortgage rates, the central bank said
Scams Expected To Flood Southeast Texas Homes This Spring This spring, many people are considering projects to beautify or improve their homes and businesses. via KBTV Beaumont read more...
Rates on the rise for subprime mortgage borrowers (Reuters via Yahoo! UK & Ireland News) UK subprime mortgage borrowers are facing a sharp rise in rates as credit market turbulence adds to pressure on funding costs, lenders and brokers said on Friday, reviving fears of
Housing Bill's Tax Credit Draws Criticism U.S. lawmakers are touting a home-buyer tax credit in a high-profile housing bill before Congress, but critics say it may do little to help consumers amid the mortgage crisis.read more...
US card titan American Express has launched the industrys first credit card which allows cardmembers to pay monthly home mortgage repayments on the card. American Home Mortgage Corporation will be the first lender to offer express rewards mortgage program for eligible prime loans.
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