Lower mortgage rates don't spur loan demand (USA Today) Mortgage rates dropped last week, but even that did not stop the fall in mortgage applications, an industry trade group said Wednesday.read more...
Oil prices and mortgages send shares tumbling to lowest point this year Inevestors were reeling yesterday after the FTSE 100 index of leading share entered 'bear market' territory.read more...
Mortgage rates reach 3-month low (CNN Money) Long-term mortgage rates fell last week, pushed down by signs of easing inflation, with rates on the 30-year loan now the lowest since late October.read more...
Woman fights American Home Mortgage in court (Newsday) When Paula Rush stepped forward in U.S Bankruptcy Court in Delaware to allege that American Home Mortgage had allowed its affiliates to market risky loans aggressively and ignored obvious signs
Time for the Government to Go Far Beyond Rate-Freeze Plan for Borrowers Last week, I predicted that the tight mortgage market will ease when investors regain their confidence, which won't happen until they see a floor in house prices and a
U.S. mortgage rates edge up; 30-year at 6.24% Mortgage rates were little changed in the latest week, with the national average rate on the benchmark 30-year loan inching higher to 6.24% from 6.23% a week ago, Freddie Mac
Lehman Brothers Holdings Inc. said on Tuesday that its quarterly earnings fell 3.2 percent, the first decline since 2002, as the U.S. investment bank wrote down mortgage and leveraged loan positions.
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