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Latest News:




Bush Considering Middle, Low-Income Tax Cuts to Revive Growth Bloomberg - Proposed stimulus measures linked to housing and mortgages are no longer a top priority after being discussed in White House talks that began in late November, the official said. Treasury Secretary Henry Paulson has supported the business
Bush Considering Middle, Low-Income Tax Cuts to Revive Growth

Rates on 30-year mortgages drop below 6 percent level CNBC - WASHINGTON - Rising worries about a weak economy pushed rates on 30-year mortgages below the 6 percent mark for only the second time in more than two years. Freddie Mac, the mortgage company, reported Thursday that 30-year, fixed-rate mortgages
Rates on 30-year mortgages drop below 6 percent level

City files suit over foreclosures Baltimore Sun - This is an ugly chapter in the sorry crisis we find ourselves in with subprime mortgages," Nilson said "[The city is] the second victim. First are the homeowners." The lawsuit, filed in U.S. District Court in Baltimore, has been in the works since
City files suit over foreclosures

Fixed rate mortgages more popular News.com.au - RECENT interest rate hikes and the prospect of more to come have has seen the popularity of fixed rate mortgages take off, new figures suggest. Data from financial research service Cannex showed that in November last year more than 28 per cent of all
Fixed rate mortgages more popular

City files suit over foreclosures Baltimore Sun - This is an ugly chapter in the sorry crisis we find ourselves in with subprime mortgages," Nilson said "[The city is] the second victim. First are the homeowners." The lawsuit, filed in U.S. District Court in Baltimore, has been in the works since
City files suit over foreclosures

Rates on 30-year mortgages drop below 6 percent level CNBC - WASHINGTON - Rising worries about a weak economy pushed rates on 30-year mortgages below the 6 percent mark for only the second time in more than two years. Freddie Mac, the mortgage company, reported Thursday that 30-year, fixed-rate mortgages
Rates on 30-year mortgages drop below 6 percent level

Fixed rate mortgages more popular News.com.au - RECENT interest rate hikes and the prospect of more to come have has seen the popularity of fixed rate mortgages take off, new figures suggest. Data from financial research service Cannex showed that in November last year more than 28 per cent of all
Fixed rate mortgages more popular

Rates on 30-year mortgages drop below 6 percent level CNBC - WASHINGTON - Rising worries about a weak economy pushed rates on 30-year mortgages below the 6 percent mark for only the second time in more than two years. Freddie Mac, the mortgage company, reported Thursday that 30-year, fixed-rate mortgages
Rates on 30-year mortgages drop below 6 percent level




Japan Giving Mixed Signals on Economy Forbes - The central bank was widely expected to raise rates further, but held off to monitor the economy as problems from defaults on risky mortgages in the U.S. spread around the globe. Speaking to reporters earlier in Tokyo, Economy Minister Hiroko Ota said
Japan Giving Mixed Signals on Economy