Mortgage applications slide (CNN Money)
Mortgage Bankers Association reports 2.8 percent dip as interest rates on fixed-rate mortgages climb.
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Is changing mortgage the answer to rising interest rates? (Guardian Unlimited) Is changing mortgage the answer to rising interest rates, or will the costs outweigh the savings? asks Harvey Jones.read more...
Mortgage rates edge upward (Bankrate.com) Mortgage rates rose modestly this week as investors shifted money from bonds to stocks. The benchmark 30-year fixed-rate mortgage rose 6 basis points to 5.76 percent, according to the Bankrate.com
40 percent of Indiana mortgage brokers lose licenses (Indiana's NewsCenter) INDIANAPOLIS (AP) - Almost 40 percent of Indiana's mortgage brokerages have lost their licenses for not complying with a new state law.read more...
Cervus makes transition to Macquarie Financial brand The Macquarie Group today announced that Cervus Financial Corp., one of Canada's most dynamic mortgage lenders, has changed its name to Macquarie Financial Ltd.Commentread more...
WaMu closing Itasca sub-prime mortgage office (Chicago Tribune) The local job market continues to experience fallout from problems in the nation's subprime mortgage industry. read more...
Loose cannons "Working and low-income families from New York to California face an affordable-housing shortage that threatens to spoil the 'American Dream' of a decent home if you get a decent job.via