Mortgage Choice targets 5% profit growth (Sydney Morning Herald) Mortgage Choice Ltd says it is targeting moderate net profit growth of about five per cent in fiscal 2006 as housing market growth slows. The mortgage broker on Wednesday announced
Lawsuit alleges discrimination at former H&R Block mortgage company (The Kansas City Star) Massachusetts' attorney general Tuesday accused H&R Block Inc. and its former Option One Mortgage Corp. subsidiary of discriminating against black and Latino borrowers as it made allegedly predatory loans to
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WallSt. oddity brings concern (Reg Req'd) A look at how yields on Treasury debt of varying maturity have reacted since the Federal Reserve started raising a key lending rate in June 2004.read more...
Rate fears drive down mortgage sales, values INTEREST rate fears have driven down home lending by 30 per cent, while also shrinking the average size of mortgages, new figures show.Commentread more...
New Zealand's May Retail Sales Unexpectedly Fall, Easing Pressure on Rates New Zealand retail sales unexpectedly fell in May, pushing the nation's currency lower amid speculation the central bank won't add to its seven interest-rate increases in the past 19 months.via
The Bank of England kept its benchmark interest rate unchanged for the 10th month as consumer spending slowed and the U.K.’s housing market stagnated.
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