Mortgage rates largely unaffected by Fed’s cut (Minneapolis-St. Paul Star Tribune)
The cost of a mortgage, which is affected more by bond prices than the federal funds rate, increased slightly on Tuesday.
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Restoring Schools to the Havens They Should Be As Labor Day marks the end of summer and beginning of another school year, citizens presume that teachers are ready, but they may wonder if school buildings are, too. read more...
Goldman?s profit boosted by mortgage trades (MSNBC) Goldman Sachs Group Inc. on Tuesday said higher investment banking fees and smart bets in mortgage-backed bonds helped it beat earnings expectations.read more...
Deducting mortgage loan points Don't overlook the points you paid to get a lower mortgage rate. They can be a useful tax break.read more...
National City mortgage aid procedures National City explains the steps its customers can take to prevent foreclosure.read more...
Wachovia sues Thornburg Mortgage (Reuters via Yahoo! News) Wachovia Bank, a unit of Wachovia Corp , has sued Thornburg Mortgage Inc for breach of contract over the mortgage lender's failure to pay it $5.1 million.read more...
Markets, Water Levels Stabilize; Gas Prices Still Rising STREET LIFE Markets, Water Levels Stabilize; Gas Prices Still Rising The Katrina saga continues with oil companies winning big and the markets closing a bit to the downside.read more...