The credit-card company blames losses on its $120.1 million investment in Golden Key U.S., which invested in mortgage-backed securities.
Original post by Yahoo! News Search Results for mortgage
Mortgage rates at Hawaii’s four largest banks rose this week, along with the national average rate for a 30-year fixed-rate loan, amid concerns about inflation. (FRE)
Original post by Yahoo! News Search Results for mortgage
On deck: ISM indexes for both manufacturing and nonmanufacturing, construction spending, car sales, and the employment report
Original post by Consumers Advantage Mortgage
Indexes jumped after a sudden downturn in oil prices — despite a report showing a decline in U.S. crude supplies
Original post by Consumers Advantage Mortgage
Jobless claims are up, but growth is revised upward, too. The two May reports don’t settle the slowdown vs. recession argument
Original post by Consumers Advantage Mortgage
On Thursday morning, the Federal Reserve Bank of New York announced
its intentions to conclude arrangements for the financing of
JPMorgan’s acquisition of Bear Stearns by June 26 and
finish valuating the investment bank’s portfolio.
“The New York Fed, in coordination with JPMorgan Chase, is working
carefully and expeditiously to…
Original post by Darin
Rates on 30-year mortgages were pushed up this week above 6 percent amid growing concerns about inflation, mortgage backer Freddie Mac said Thursday.
Original post by Yahoo! News Search Results for mortgage
Interest rates for 30-year, fixed-rate mortgages increased in the United States in the last week, the Federal Home Loan Mortgage Corp. said Thursday.The average 30-year fixed interest rate averaged 6.08 percent with an average 0.6 point during the week, compared with 5.98 percent for the previous week, Freddie Mac said.A year ago, 30-year fixed rate mortgages averaged 6.42 percent.At 5.66 …
Original post by Yahoo! News Search Results for mortgage