Mortgage rates fall along with bonds (The Plain Dealer) New York - A rally in the Treasury market has sent bond interest rates tumbling to seven- month lows, bringing mortgage rates down as well and giving the languishing housing
Students pay up for a year of mess With many apartment leases ending in May, many student renters are hoping to get some extra cash from returned security deposits -- although some are getting less than they expected.read
South Windsor Mortgage Broker Fined $10,000 For Fraud (Hartford Courant) A 38-year-old mortgage broker escaped prison time but was fined $10,000 Monday for a multilayered mortgage fraud that cost a Coventry couple their home.
FBI mortgage probe extended (TVNZ) The FBI's criminal probe of the mortgage lending industry has grown to 17 firms, involves large companies, and could take years to conclude, bureau officials said.read more...
Mortgage rates hit 4-year high (Bankrate.com via Yahoo! Finance) Finally succumbing to the Fed's campaign of interest-rate increases, mortgage rates climbed to the highest level since July 2002.read more...
U.S. MBA's Mortgage Applications Index Rose 2.2% Last Week (Bloomberg) Oct. 8 (Bloomberg) -- Mortgage applications in the U.S. rose last week as lower interest rates lifted purchases from a six-year low. The Mortgage Bankers Association's index of applications to
The U.S. Treasury is expected to affirm its support for troubled mortgage finance giants Fannie Mae and Freddie Mac on Sunday in a bid to calm concerns ahead of a Freddie Mac debt sale Monday which is likely to be a key test of investor confidence.
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