Finance
Latest Posts
Mortgage Rates Stall as Investors Weigh Good, Bad Economic News
May 08, 2008Mortgage rates sat tight last week as economic indicators balanced bad news with good, leaving both equity and fixed-income investors muddling as to the directional tendencies of the broader U.S. economy. Freddie Mac [stock FRE][/stock], which released rate data each week, said that the average rate on a 30-year fixed-rate mortgage averaged 6.05 percent for the week ended May 8, down a meager one basis point from one week earlier. Last year at this time, the traditional 30-year mortgage averaged 6.21 percent.
-
New York State Assembly Passes One Year Moratorium on Foreclosures
May 07, 2008 -
Schumer Blasts “Vulture Mentality” of Servicers, Suggests BofA Reconsider Countrywide Deal
May 07, 2008 -
MBA Application Index May Reflect Credit Woes, Not Loan Demand
May 07, 2008 -
Out of the Rubble: Traditional MBS Markets Keep on Keeping On
May 07, 2008 -
NYLX Adds Real-Time Alerts to Product and Pricing Engine
May 07, 2008 -
Overture: Decision Automation Isn’t Just For Underwriting
May 07, 2008 -
Ellie Mae Updates Encompass
May 07, 2008 -
California Lawmakers Push Congress for Permanent Increase to GSE Loan Limits
May 06, 2008 -
UBS: $19.5 Billion in Write-Downs, Will Sell $15 Billion in Mortgages to BlackRock
May 06, 2008 -
Second Liens Take Top Billing at Treasury Pow-Wow
May 06, 2008
