Banks Shrug Off Recent Mortgage Slowdown (AP via Yahoo! News)
Wells Fargo & Co. and U.S. Bancorp posted record first-quarter profit on Tuesday, shrugging off a recent home mortgage slowdown caused by rising interest rates.
Aussie mortgage fees higher than US, UK (AAP via Yahoo! Australia & NZ News)
Costs and fees in the Australian mortgage lending market are up to 35 per cent higher than those charged in the US and UK, a new report shows.
(AFX UK Focus) 2006-04-19 12:42 GMT: Mortgage applications off modestly as rates rise, MBA says (Interactive Investor)
WASHINGTON (AFX) — The volume of mortgage applications activity slipped 1.7% in the week ended April 14 compared to the prior week, data compiled by the Mortgage Bankers Association show.
Thornburg Mortgage 1Q Earnings Rise (AP via Yahoo! Finance)
Mortgage lender Thornburg Mortgage Inc. on Tuesday reported higher first-quarter earnings, helped by tighter spreads and rising rates.
Best to stick with a fixed mortgage (Pioneer Press)
Q. I’m house hunting this spring and have found a couple of nice homes, so I’m thinking about the next step. Which type of mortgage is best?
U.S. mortgage applications fell last week (UPI)
WASHINGTON, April 19 (UPI) — The number of U.S. mortgage applications last week fell 1.7 percent, an industry group said Wednesday. However, the Mortgage Bankers Association also said the 4-week moving average of mortgage applications was up 0.2 percent.