AdBank hikes wholesale mortgage rate (AAP via Yahoo!Xtra News)
Adelaide Bank, which was acquired by Bendigo Bank, has increased the cost of wholesale funds it supplies to mortgage brokers and originators by 40 basis points.
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13th annual home show opens Friday OSCODA - The Mid Northern Home Builders Association 13th Annual Home Show opens Friday at Oscoda Community Center, ready to offer ideas about home construction, home improvement, remodeling, do-it-yourself ...read
Rising rates kept bond managers defensive It's been a tough year for bond managers. Returns are low and tightly bunched across sectors, underscoring the fact that fixed income has been a difficult area in which to
Bankers' lesson from mortgage mess: Sell, don't hold (International Herald Tribune) Top U.S. bankers have come under scrutiny for ignoring that fundamental principle. Their banks were found to be holding billions of dollars of mortgage-related bonds that have fallen sharply in
Make your money last in retirement; 5 keys The thought of running out of money scares many retirees. Here's one who has a chance to avert outright disaster, though he has some hard choices to make.via
Contractors accused of taking $54,000 in scam Two roofing contractors are accused of taking more than $54,000 from an elderly New Britain Township couple in a home improvement scam, authorities said Thursday.Commentread more...
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