Credit unions hit by mortgage-market problems-Report (The Economic Times)
Five of North America’s largest credit unions are reporting big paper losses on mortgage-related securities.
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(AFX UK Focus) 2005-07-19 20:33 GMT: Wells Fargo's loan growth offsets mortgage pullback - UPDATE 4 (Interactive Investor) NEW YORK (AFX) -- Wells Fargo & Co., one of the nation's largest home mortgage lenders, said Tuesday second- quarter net income rose 12% as growth in commercial and consumer
Happy residents moving into affordable homes Chandler Melton / Whitefish Pilot Marguerite Amstadt is settling into her triplex home in Whitefish that she bought in December 2005 with assistance from the Whitefish Housing Authority.read more...
Confused by all the Mortgage Options? Here's Help (Harrisburg Daily Register) (ARA) - Fixed rate. Adjustable rate. Interest Only. Flex. All of the different types of home loans that are available these days can puzzle many homebuyers. But, say mortgage experts,
Home Sales Edge Up 0.4 Percent "Inventory is still high and further reduction in prices may be required in some areas to induce buyers back into the market" Sales of previously owned homes inched up
Market Outlook: Oil to set the tone for Wall Street Wall Street's gains from bullish second-quarter earnings are evaporating quickly in the face of near-record crude oil futures and increasing evidence that high gasoline prices are diverting consumers' dollars.read more...
Govt in denial that rates hurting: Labor The Howard government is in denial that high interest rates are hurting home buyers, with some losing their houses, Labor says.Commentread more...