Banks raise posted mortgage rates up to a quarter point (CP via Yahoo! Canada News) TORONTO (CP) - Mortgage rates are going up at Canada's major banks.read more...
Risk-level at heart of Congress' debate WASHINGTON - Like much of the rest of the nation, Fannie Mae and Freddie Mac are up to their eyeballs in debt.read more...
Fine Tuning the Picture On the Foreclosure Mess It's not always easy to get an accurate sense of how many foreclosures there actually are and which U.S. locales are the hardest hit. June Fletcher explains why.
Treasurer: mortgage takeover helping (San Francisco Chronicle) Collateral, including Fannie Mae and Freddie Mac holdings, that backs pooled Nevada bank deposits is up in value following the Bush administration's seizure of the troubled mortgage giants, state Treasurer
Brokers challenge builders' lender ties (BizJournals) JACKSONVILLE -- Kevin Patrick isn't worried about home builders taking business away from his fledgling mortgage company by beating his interest rate on new home purchases.read more...
Saving rate lowest in U.S. since Depression WASHINGTON - Americans spent more than they made last year - something they haven't done since the Great Depression, a time of massive unemployment and soup lines.read more...
The concept allows clients to make smaller monthly mortgage payments in line with their basic salaries and to make up the difference with one larger interest payment when their bonus is received, thereby matching the pattern of their mortgage payments to the pattern of their earnings.
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