UK: Pound drops to all-time low against euro
The pound fell to an all-time low against the euro on Monday after Britain’s Treasury chief Alistair Darling said the country was facing the worst economic crisis in 60 years.
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Lawsuit accuses mortgage lender of violating fair-housing rules (Seattle Times) When mortgage lenders refuse to write loans on row houses in a predominantly African-American neighborhood, does that violate federal fair-housing...read more...
Soft Sales Sink Home Depot Shares The retailer reported a 5.1% quarterly decline in comparable-store sales amid a weakening housing market Home Depot said Nov.Commentread more...
Wells Fargo CEO: More mortgage woe to come (CNN Money) The bank's president, John Stumpf, says mortgage and housing markets will continue to fall; sees parallel to the Great Depression.read more...
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Mortgage rates drop across board (The Indianapolis Star) WASHINGTON -- Mortgage rates around the country fell this week, with rates on 30-year mortgages sinking to their lowest level in 10 months.read more...
August 31st, 2008
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