Several Canadian banks lowering their residential mortgage rates (Canadian Business) TORONTO (CP) - Several of Canada's big banks are lowering their posted residential mortgage rates. TD Canada Trust (TSX:TD) is lowering the rate on its five-year closed mortgages by 0.05
U.S. mortgage applications plunge " Mortgage application volume in the United States fell last week to its lowest levels in more than six years, the Mortgage Bankers Association said Wednesday.read more...
Democrats Call for Fed Action on Credit Woes Democratic presidential hopefuls are calling for more federal action to tackle the recent economic troubles stemming from the housing slump and the tightening of credit. via News10.net read more...
Common Decorating Tips Common Decorating Tips >> Posted by: tanzir 3 minutes ago 1.0 Scale of 1 to 10 Read: 3 Propped: 1 Prop it If you've decided to tackle home decorating on
Commercial mortgage securities delinquencies rise slightly (INO News) (AP:NEW YORK) Delinquencies among commercial mortgage-backed securities increased slightly in March, according to Fitch Ratings' monthly index. The delinquency rate increased to 0.33 percent from 0.3 percent in February.read more...
U.K. Mortgage Loans Drop as Consumer Credit Reaches Decade-Low (Bloomberg.com) May 31 (Bloomberg) -- U.K. mortgage approvals fell and consumer credit dropped to the lowest in a decade in April, a sign higher interest rates are deterring Britons from borrowing.read
I know where to get a guaranteed 6 percent return on savings, with no brokerage commissions, bank fees or worries that the Feds are going to have to swoop in and take over the failed institution that has my money. I’m putting whatever extra cash I can find into paying off my mortgage early.
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