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Australia & New Zealand Banking Net Rises 6 Percent, Slowest in 12 Years  Australia & New Zealand Banking Group Ltd., Australia's third-largest bank, said first-half profit rose 6 percent, the slowest growth in 12 years, as it raised deposit rates and sold cheaper


Mortgage fraud busted  A Brooklyn mortgage fraud ring duped homebuyers and lenders by falsifying documents and overstating property values, ruining the credit of many people who bought homes in minority neighborhoods, New York


Borders stock drops a day after company lowers outlook  Shares of Borders Group Inc. fell Wednesday, a day after the bookseller announced an 84 percent drop in net income and lowered its earnings expectations for the year.read more...


Home Depot Profit Jumps 23 Percent in 4Q  The Home Depot Inc., the nation's largest home improvement store chain, reported a more than 23 percent jump in fourth-quarter profit on a solid increase in sales.read more...


ADV: Citi Dividend Card  0% APR on balance transfers for 12 months plus cash back. Apply online.read more...


Home Improvement  SPONSORED LISTINGS Find Home Improvement Contractors Get matched to prescreened roofers, remodelers, siding pros, plumbers, landscapers and more.read more...

May 9th, 2008

30-Year-Loan Rates Dip Slightly

Rates on 30-year mortgages edged down this week but remained above 6 percent.



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