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• Mortgage rates dip to lowest point in a month
WASHINGTON - Rates on 30-year mortgages edged down this week to their lowest point in a month, a spot of welcome news to would-be home buyers. Freddie Mac, the mortgage company, reported Thursday that 30-year fixed-rate mortgages averaged 6.01 ...
• Foreclosure filings continued to soar
House passed a bill last week that would offer government insurance on $300 billion in new mortgages to refinance loans for an estimated half-million borrowers facing foreclosure, particularly those who now owe more than their houses are worth ...
• Gut Check: Foreclosure's fallout
Declining real estate values and rising monthly payments on adjustable-rate mortgages. U.S. home foreclosure filings have been rising ever since.
• Tuesday's Biggest Stock Stars
The next upcoming disaster is going to be from [their] bread and butter loans of Alt-A. ... [T]he part that really scares me about Indymac Bank is that they were the largest lender in reverse mortgages in the U.S.
• Albanians Warmly Greet President Bush
The Democrats' measure, aimed at preventing foreclosures, would have the government step in to insure up to $300 billion in new mortgages for distressed homeowners. A House vote is expected by Thursday. On gas prices, Bush again asserted that he ...

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• Business: Real Estate  (2,028)

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