CORRECT: U.S. mortgage rates drop (Market Watch) CHICAGO (MarketWatch) -- Mortgage rates fell this week, due to worries about slower economic growth, Freddie Mac's chief economist said on Thursday.
Mortgage Bills Growing For Homeowners Homeowners are spending nearly a fifth of their income each month on mortgage repayments, figures show.via
Tony Proctor on negative savings rate The bill will come due when housing stops appreciating, says Certified Financial Planner Tony Proctor.read more...
Wachovia's new standards could make it harder to get a mortgage (The Herald-Sun) Wachovia Corp. is revising the underwriting policies in its mortgage loan business, a step that could make it harder to take out a home loan at the nation's fourth-largest bank.read
Cooling housing market BRISTOL, Tenn. After years of boom times, the housing market nationwide and here in Bristol finally has begun slowing down. read more...
CIT to Present at the Bear Stearns First Annual Mortgage Finance and Housing Conference on May 18th (PR Newswire via Yahoo! Finance) CIT Group Inc. , a leading provider of commercial and consumer finance solutions, announced today that Joseph M. Leone, Vice Chairman and Chief Financial Officer, and Randal M. Chesler,
TPG Capital will invest 179 million pounds (US$355 million; euro228 million) and take a 23 percent stake in struggling mortgage lender Bradford & Bingley PLC, the British company said Monday.
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