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Commercial Mortgage-Bond Delinquencies Up (AP via Yahoo! News)   Commercial mortgage-backed securities delinquencies are rising in the wake of hurricanes Katrina and Rita, after declining for most of the past year.read more...


Newspaper: High Mortgage Rates 4 Times More Likely for Blacks (WJLA-TV Washington D.C.)  Charlotte, N.C. (AP) - A newspaper in North Carolina reports that blacks who bought homes across America last year were four times more likely than whites to get high interest


Residents face hard decisions in sale of apartments  In the next few months, Stephen Potsklan and his family will have some big decisions to make.read more...


Take the Glare Out Of Reading Outside  Pulling weeds in the garden tires your eyes, especially in glaring sun. Wearing a pair of "weeding glasses" puts a whole new light on it. read more...


Update -- M&T Beats Despite Mortgage Woes (Forbes)  The bank narrowly bests expectations despite pressures on its mortgage holdings.read more...


New listings in Yellow Pages are pages of history  For the first time, there are headings for teeth whitening, scooters, payday loans, remodeling services and foreclosure services.via

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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