Mortgage Rates at the Low Point (Kiplinger.com)
Eyeing a home loan? Current mortgage rates are about as low as they?ll go this year.
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Asian shares slump on U.S. mortgage woes (Reuters via Yahoo! News) Asian shares slumped on Wednesday, tracking heavy losses on Wall Street on fears about an intensifying crisis in U.S. mortgage lending that spooked investors nursing losses from a sharp
National City completes $1.3 billion sale of mortgage unit National City Corp. said Tuesday it has completed its $1.3 billion sale of mortgage lender First Franklin and affiliates to Merrill Lynch & Co.Commentread more...
Freddie Mac Gains Edge In Fight with Fannie Boosted by a business model suited to current market conditions and attractive financing products, Freddie Mac has been busy issuing loans at the expense of its bigger counterpart across the
Why Are Mortgage Rates Increasing? (Investopedia) In the mortgage market, mortgage originators rarely hold onto the portfolio of mortgages they help transact. Most mortgages are sold into the secondary mortgage market shortly after origination.read more...
Menswear malaise socks it to wholesaler CLOTHING wholesaler Austin Group is the latest to be hit by an apparent downturn in menswear sales, warning yesterday that first-half profits would fall by almost half due to slower
Mortgage Points Regain Popularity (Washington Post) NEW YORK -- Rising interest rates may soon revive the practice of paying points to lower monthly mortgage payments, an option not as readily offered by lenders in recent years.