Top Cities Where Mortgage Rates Will Hit Consumers the Hardest Communities that will feel the greatest strain from high-cost loans are concentrated in the South and Midwest, according to a recent report. Impending hikes 'pose a huge threat to the
Fed holds rates steady, maintains inflation bias The Federal Reserve decided to remain on the sidelines Wednesday, but continued to leave the door open for further increases if inflation does not behave.Commentread more...
Capital One slashes jobs, mortgage industry swoons (Reuters via Yahoo! News) The U.S. mortgage industry took another battering on Monday, as Capital One Financial Corp said it will shut a lending unit it bought less than a year ago, while
Gas prices got you down? Tell us the reason, and the rhyme (Reg Req'd) SIGN OF THE TIMES: Believe us - we feel your pain. Boy, do we ever feel your pain.read more...
ANZ: mortgage rates may rise if squeeze persists (Reuters via Yahoo! Malaysia News) MELBOURNE, Sept 11 - Australia and New Zealand Banking Group Ltd , Australia's third-biggest lender, said on Tuesday it may have to raise mortgage rates if the higher cost of
Professional Home Decor Tips For Selling, Staying and Going Green Despite a slumping economy, home improvements remain a popular investment for homeowners.read more...
“Any reports on specific numbers are not factual”
Citigroup Inc., bracing for big credit-related losses in the fourth quarter, is looking to lower costs—which could mean another round of job cuts at the nation’s largest bank.
‘We are engaged in a planning process in anticipation of our new CEO, and our business heads are planning ways in which we can be more efficient and cost-effective to position our businesses in line with economic realities,’ Citi spokeswoman Shannon Bell said Monday.
She was responding to a report on CNBC that ‘massive’ layoffs were planned. Read more
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