Interest Rate Roundup
Here’s a look at the state of interest rates on five common consumer banking products and the latest rates from Bankrate.com’s weekly national survey of large banks and thrifts.
read more…
Is It More Frugal to Rent or Own Your Home? Is It More Frugal to Rent or Own Your Home? The "American Dream" isn't always the best goal.via
FHA chief warns of intervention A Bush administration official on Monday warned against overly broad government intervention to stem the housing crisis, arguing that lawmakers' foreclosure prevention program would saddle taxpayers with too ...read more...
Mortgage-backed funds need to change their ways (Sydney Morning Herald) THE Australian Property Institute has told regulators that increased disclosure and transparency in the mortgage-backed funds market is imperative to avoid any more collapses such as Westpoint. -read more...
Balanced market creates new approach to home selling From Dian Hymer and Inman News, "There are plenty of home buyers intent on buying while they can still lock in a relatively low mortgage rate.read more...
Mortgage-market fallout rattles shares of lenders, banks (Market Watch) NEW YORK (MarketWatch) -- Financial stocks fell sharply to start Friday as fears of a systemwide seizure in the secondary mortgage market and a broadening credit crunch sent shivers through
Michelle Singletary: Industry will benefit from quick adoption of mortgage license registry (The Indianapolis Star) There are lots of proposals to prevent another mortgage catastrophe like the one we're going through now. But one solution may help stem fraud in the mortgage industry, and it