Mortgage analysis (Bankrate.com via Yahoo! Finance)
Each week Bankrate surveys mortgage rates around the country, and senior reporter Holden Lewis analyzes what the changes mean.
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British banks on hook for mortgage fraud (Moldova.org) British banks may be on the hook for at least $12.7 billion in fraudulent mortgage loans given to drug gangsters and other scammers, industry observers say. The numbers came to
Time is right to lock in a fixed-rate mortgage (Norwalk Advocate) If you have an adjustable or interest-only mortgage, now is the time to consider refinancing to a fixed-rate mortgage. Rates are low, and money is available for creditworthy borrowers in
Northern Rock ups dividend by 30% "We took a squeeze this year and next year in order to drive up earnings in 2009 and 2010." British mortgage bank Northern Rock announced a 30 per cent
Wells Fargo to Launch Mortgage Program (Washington Post) SAN FRANCISCO -- Wells Fargo & Co. is launching a new program to help mortgage borrowers with poor credit records improve their plight _ and help the bank shake off
Regulators probe Wachovia fund sales Wachovia Corp. on Friday said regulatory investigations of mutual fund sales practices at the bank broadened to include its asset management unit Evergreen Investment Services.read more...
U.S. MBA's Mortgage Applications Index Rose 4.6% Last Week (Bloomberg.com) May 17 (Bloomberg) -- An index of U.S. mortgage applications rose last week to a level that still suggests weakness in the housing market, an industry report showed today.read more...