India on fire
DELHI From The Economist print edition India’s growth rate is close to China’s; but signs of overheating suggest that this pace cannot be sustained Corbis THE economy is sizzling and foreign businessmen and …
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Score It a 10 When the Fed Raises Rates IT is another week for Federal Reserve policy makers to decide on interest rates, and, again, each forecaster followed by Bloomberg News expects them to raise the benchmark short-term rate
Mortgage Rates Continue Upward Climb (AP via Yahoo! News) Mortgage rates continued their upward climb this week, with rates on 30-year mortgages rising to their highest point since the middle of April.read more...
Mortgage rates fall as inflation rises Mortgage rates dropped this week, even as the government was reporting that inflation is running higher than expected.read more...
House Prices Up House prices have increased by 0.2% in July according to Halifax's July House Price Index, following a similar rise in June.read more...
Home Loan Home Loans - NJ/PA/CT/MA/OH Servicing CT, NJ, MA, OH and PA, American Federal Mortgage offers low interest rates, guaranteed in writing.read more...
Grand jury alleges mortgage scam by 4 (The Sacramento Bee) A federal grand jury has indicted four Sacramento-area mortgage brokers and real estate agents on charges they engaged in a mortgage fraud scheme that has sent an estimated 19 Elk
January 31st, 2007
January 31st, 2007
Experian-Gallup Survey Shows Nearly Half of Consumers Say Housing…
According to the latest Experian-Gallup Personal Credit Index survey, nearly half of all consumers say they think a housing bubble and collapse of housing prices is very likely or somewhat likely in their local …
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January 31st, 2007
B of A unlikely to grow through deal
Bank of America Chief Executive Kenneth Lewis said yesterday it is unlikely the nation’s second- largest bank will acquire a smaller rival in 2007.
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January 31st, 2007
BMo to cut 1,000 jobs in streamlining to become more efficient
“We can make decisions faster.”About $117 million of the first quarter charge relates to severance-related costs and $18 million to non-employee-related charges, the bank said.The company said it expects to …
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January 31st, 2007
If You Have an Adjustable Rate Mortgage, Refinance Now (Sleepy Eye Herald Dispatch)
(ARA) – With gas prices in a state of constant flux, and warnings that energy costs will be on the rise this winter, the last thing you want to happen is for your mortgage to start fluctuating too. But if you have an adjustable rate mortgage (ARM), it will soon happen.
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January 31st, 2007
Your Money Matters: Dealing with Rising Mortgage Interest Rates (Kewanee Star Courier)
(ARA) – Many Americans are asking themselves what they should be doing in the wake of rising, and sometimes, fluctuating mortgage rates. It’s an important question because for many Americans their home equity represents the cornerstone of their personal wealth.
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January 31st, 2007
Mortgage Rates At Highest Level In 4 Months (KGO-TV Bay Area)
Upbeat economic news helped push long-term mortgage rates to their highest levels in almost four months this week.
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January 31st, 2007
Confused by all the Mortgage Options? Here’s Help (Kewanee Star Courier)
(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, virtually every home loan is one of two types: a fixed rate loan or an adjustable rate loan.
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January 31st, 2007
Lawmakers question risky mortgage lending practices
California lawmakers on Wednesday began considering restrictions on unorthodox mortgage-lending practices that have allowed hundreds of thousands of Californians to buy homes they otherwise could not afford.
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January 31st, 2007
Your Money Matters: Dealing with Rising Mortgage Interest Rates (Evening Times)
(ARA) – Many Americans are asking themselves what they should be doing in the wake of rising, and sometimes, fluctuating mortgage rates. It’s an important question because for many Americans their home equity represents the cornerstone of their personal wealth.
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