News Sun - Federal Reserve reports on consumer credit for April. Former Federal Reserve Chairman Alan Greenspan testifies about oil dependence and economic risk at a hearing of the Senate Foreign Rela (full story)
Homebuilders are slammed by downgrades
Ludington Daily News - DETROIT (AP) - Shares of major homebuilding companies fell again on Tuesday in reaction to ratings downgrades, fears of higher interest rates and lower full-year outlooks for th (full story)
Short and sweet: Buyers should be wary of longer mortgages
Saskatoon Star Phoenix - VANCOUVER -- Innovative new mortgage packages are making owning a home easier, at least in theory. But in practice, financial institutions are taking a cautious approach to wh (full story)
Race can affect mortgage rates
Blacks and Hispanics with weak credit histories risk paying higher mortgage rates than whites with similar credit, but local, state and industry officials say there are steps that can be taken to head (full story)
Reports Say Home Sales Slowing, Interest Rates Rising
Chattanoogan - The housing sector is exhibiting numerous signs of slowing, with a new report showing the pending home sales index falling for a third straight month. The pending sales index is the lea (full story)
Sales of New Homes Jump Unexpectedly
WISH-TV - Sales of new homes rose unexpectedly in April to the fastest pace this year as the housing sector showed resilience in the face of rising mortgage rates. But the price of homes sold last mon (full story)
Rates hardly move in paucity of economic data
Our national survey of large lenders shows how mortgage rates have moved and our analysis tells you why. (full story)
Study: Minorities likely to pay high mortgage rates
San Jose Mercury News - CHARLOTTE, N.C. - Black and Hispanic home buyers are more likely to pay high mortgage rates than white borrowers with similar credit ratings and income levels, an advocacy grou (full story)
News Sun - Federal Reserve reports on consumer credit for April. Former Federal Reserve Chairman Alan Greenspan testifies about oil dependence and economic risk at a hearing of the Senate Foreign Rela (full story)
Homebuilders are slammed by downgrades
Ludington Daily News - DETROIT (AP) - Shares of major homebuilding companies fell again on Tuesday in reaction to ratings downgrades, fears of higher interest rates and lower full-year outlooks for th (full story)
Short and sweet: Buyers should be wary of longer mortgages
Saskatoon Star Phoenix - VANCOUVER -- Innovative new mortgage packages are making owning a home easier, at least in theory. But in practice, financial institutions are taking a cautious approach to wh (full story)
Race can affect mortgage rates
Blacks and Hispanics with weak credit histories risk paying higher mortgage rates than whites with similar credit, but local, state and industry officials say there are steps that can be taken to head (full story)