Tightening Standards May Worsen Slump
Jittery home-mortgage lenders are cutting off credit or raising interest rates for a growing portion of Americans.
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Mortgage rates rise for sixth week without pause (CBS Market Watch) CHICAGO (MarketWatch) -- The benchmark 30-year fixed mortgage rate rose for a sixth week, hitting 5.89%, Freddie Mac's latest survey shows.read more...
Mackenzie Announces Management Changes for Sentinel Mortgage Fund (Investment Executive) Mackenzie Investments today announced management changes to Mackenzie Sentinel Mortgage Fund, effective immediately.read more...
Condos sit unbought along coast The coastal housing boom of the past few years has come to a screeching halt, and that could mean opportunity for Triangle banks.Commentread more...
House prices shoot up The average asking price for a home jumped by more than 6,000 in the past month, the largest monthly increase for almost five years.read more...
Take the Glare Out Of Reading Outside Pulling weeds in the garden tires your eyes, especially in glaring sun. Wearing a pair of "weeding glasses" puts a whole new light on it. read more...
Nationwide posts 93% rise in mortgage lending in UK (Sunday Business Post) Nationwide, the UK?s largest building society, today posted a 92.7% rise in net annual mortgage lending to £10.6bn (?15.5bn), but said the recent spate of interest rises had started to
August 5th, 2007
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