Royal Bank raises residential mortgage rates (Toronto Star) Residential mortgage rates headed up a notch again Thursday as bond yields jumped. First off the mark in raising rates was the Royal Bank (TSX: RY ), which announced increases
Bear Stearns Earnings Rise 5 Percent on Equity Trading, Investment Gains Bear Stearns Cos., whose stock is the best performing among major U.S. securities firms over the past five years, unexpectedly said second-quarter earnings rose 5 percent, buoyed by equity trading
U.S. mortgage rates rise to 6.3 percent U.S. mortgage rates rose slightly, to 6.3 percent from 6.28 percent for 30-year fixed-rate mortgages, Freddie Mac said Thursday.Commentread more...
Couple is poised to retire comfortably, with a few adjustments Mukund and Gisella Patharkar have lived the American Dream. But they'll have to take a new approach with their finances to live a dream retirement.read more...
Housing starts plunge to 3-year low Home builders broke ground on 6% fewer homes in August to a more than three-year-low, the government reported Tuesday, stunning forecasters at how rapidly the housing boom has gone bust.read
Report finds mortgage gaps in area (Stamford Advocate) Bridgeport, Stamford and Norwalk make up the country's second-worst metropolitan area for mortgage-rate disparities that hurt Hispanics and African-Americans more than whites, according to a national study. read more...
Attorney General Terry Goddard today announced a $95,000 settlement with Lenox Financial Mortgage an Atlanta-based mortgage broker. Company promised ‘no closing costs.’
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