Specializing exclusively in Reverse Mortgages Member, National Reverse Mortgage (Howell Tri Town News) Specializing exclusively in Reverse Mortgages Member, National Reverse Mortgage Lenders Association (NRMLA) sg © 2005 The Reverse Mortgage Center, LLC, an Equal Housing Lender, Licensed Mortgage Banker, 6 Industrial Way
Some local lenders withstood subprime mortgage crisis (The Kansas City Star) The collapse of the subprime mortgage market last year led to plummeting home prices in many cities and a tight squeeze on the amount of credit available to homebuyers.read more...
U.S. dollar steady after jobless claims decline The U.S. dollar held steady early Thursday morning after labour reports showed a decline in initial jobless claims for the previous week.read more...
Fed: Mortgage defaults won't hurt economy (AP via Yahoo! News) Federal Reserve Chairman Ben Bernanke said Thursday that he did not believe the growing number of mortgage defaults would seriously harm the economy.read more...
U.S. Stock-Index Futures Fall on Rising Oil, Mortgage Concerns (Bloomberg.com) June 21 (Bloomberg) -- U.S. stock-index futures fell after oil approached $70 a barrel and concern spread that losses in mortgage securities will reduce profits at financial firms.read more...
30-year mortgage rates at lowest level since early June (USA Today) Freddie Mac, the mortgage company, reported Thursday that 30-year, fixed-rate mortgages averaged 6.59%. That was down from 6.68% last week and was the lowest since early June, when rates stood
Japan needs to keep an eye on the impact of the subprime mortgage crisis on the American and Japanese economies, Economy Minister Hiroko Ota said Tuesday.
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