Fixed mortgage rates dip as ARMs rise in step with Fed (CBS Market Watch)
CHICAGO (MarketWatch)—A mild inflation backdrop allowed fixed mortgage rates to fall for a sixth week in seven, the latest survey from Freddie Mac showed Thursday.
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Subprime Mortgage Index Tumbles an Eighth Day, Derivatives Show (Bloomberg.com) Feb. 27 (Bloomberg) -- The perceived risk of owning low- rated subprime mortgage bonds jumped to a record for an eighth straight day, according to an index of credit-default swaps
Bright prospects for stocks -- and the economy Prospects for stocks, economy in '06 Just ask David Wyss, the eminent chief economist of S&P, and he'll tell you with quiet precision: "We're looking for basically an 8% rise."
Group: Bad Credit Threatening US Economy "Financial market turmoil has shifted the focus away from terrorism and toward subprime and other credit problems as the most important near-term threats to the U.S. economy" Bad credit
As Auto Prosperity Shifts South, Two Towns Offer a Study in Contrasts Two towns, one in Michigan and one in Kentucky, show the effects of the U.S. auto industry, and the prosperity that accompanies it, shifting to the south. read more...
State Sues Option One Massachusetts sued subprime lender Option One Mortgage and parent H&R Block, alleging discrimination against black and Latino borrowers.read more...
Home builders: Worst is yet to come "The housing prices are holding up reasonably well. If you look at the traditional determinants of housing demand, they're not that bad." The battered markets for real estate and