New HK mortgage loans fall 12.6 pct in June (Reuters via Yahoo! Asia News) HONG KONG, July 26 (Reuters) - New housing mortgage loans approved in Hong Kong in June fell 12.6 percent from May to HK$14.8 billion ($1.9 billion) as higher interest rates
Mortgage Bulk Buying Power Online (Ananova) An online mortgage service claims it can cut the cost of borrowing by making lenders bid for business.read more...
iambic Expands Windows Mobile Lineup Longtime wireless developer iambic , which is best known for its Palm OS software, but is now also offering a growing list of Windows Mobile and Symbian titles, has added
Combos of fabric patterns are OK Think plaids and florals don't go together? Think again. When it comes to fabrics in home decor, almost anything goes.read more...
Ask the Experts We asked a few of them to answer some basic design questions that many homeowners are likely to ask themselves at one time or the other.via
30-year mortgage rates rise for second week (Baltimore Sun) WASHINGTON Rates on 30-year mortgages have risen for a second straight week, climbing to the highest level in a month. Freddie Mac, the mortgage company, reported yesterday that 30-year, fixed-rate
“This process is likely to take some time”
Turmoil in financial markets has eased somewhat, but the situation is still “far from normal,” Federal Reserve Chairman Ben Bernanke said Tuesday.
The central bank has taken a number of unconventional steps – especially since March, when the credit crisis intensified – to help squeezed banks and big investment firms overcome problems and try to get credit flowing more freely again.
Those efforts appear to be paying off and “have contributed to some improvement in financing markets,” the Fed chief said in prepared remarks delivered via satellite to a financial markets conference sponsored by the Federal Reserve Bank of Atlanta in Sea Island, Ga. Read more
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