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Drop in mortgage applications no surprise (Reno Gazette-Journal) When the Mortgage Bankers Association announced Wednesday that new home-loan applications were at their lowest level since May 2002, people in the industry responded with the equivalent of "That figures."read
Xerox Buys Mortgage Document Specialist Advectis (PC Magazine via Yahoo! News) Xerox is hoping to tackle a mortgage market buried in paper trails and desperate for solutions in the mounting credit crisis.read more...
Higher prices may be ahead Attention Kmart and Wal-Mart shoppers: The prices you pay for sneakers, sweat shirts, toys and thousands of other items made in China are likely to be rising soon.That's thanks to
Mortgage rates inch upward (bizjournals.com via Yahoo! Finance) Hawaii mortgage lenders tested loan rates above 6 percent this week, the Honolulu Board of Realtors reported Friday, but one local thrift continued to offer mortgages below that level.read
Twins Delivered By 67-Year-Old Woman Hospital officials in Barcelona say a 67-year-old woman has given birth to twins.Commentread more...
Happy anniversary! It was one year ago this month that the Great American Mortgage Crisis boiled over into the Great Global Credit Crisis, with banks in Paris, London and Frankfurt seizing up because of their investments in the U.S. housing market.
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