Mortgage Rates Hold Steady To End Historically Flat Week.

Mortgages Rates are unchanged from yesterday, capping an extremely flat and historically low week.  The FOMC events on Wednesday gave lenders some pause as they were generally more conservative with pricing. 

Don’t Give Up On a HARP Refinance

For homeowners who are underwater on their mortgage, a HARP refinance is like the pot of gold at the end of a rainbow. Unfortunately, it can be just as elusive.

Six Trends for Mortgage Refinance and Home Buying!

Developing trends in the housing market may indicate its time to purchase a home or that investment property if you have been waiting for the “right opportunity.”

Avoiding Mortgage Relief Scams!

THE offers seem like answers to the prayers of a struggling homeowner: a promise of legal tactics to forestall foreclosure, reduce mortgage balances and interest rates, or restore credit.

The Week Ahead: Slow to Start, Then FOMC, GDP!

After two excruciatingly slow, sideways weeks, markets will finally get what they've ostensibly been waiting for: Wednesday's FOMC Announcement.  This one offers the full slate of festivities with the Bernanke press conference and the FOMC Member Forecasts. 

London launch for HSBC’s renminbi-denominated bond

HSBC has launched a bond issue which it claims signals a significant step forward in the internationalisation of China’s currency and in the development of London as an international centre for the renminbi (RMB).

Swan Song at Deutsche Ending on a Sour Note!

FRANKFURT— Josef Ackermann's last months as chief executive of Deutsche Bank AG DBK.XE +0.61% were supposed to be his victory lap after a decade in charge of Germany's banking powerhouse. They have proved anything but.

Wal-Mart CEO's pay fell 3.1% in 2011!

NEW YORK -(MarketWatch)- The value of Wal-Mart Stores Inc. WMT +1.37% Chief Executive Michael T. Duke's total compensation fell 3.1% to $18.1 million last fiscal year, largely because he received less cash incentive pay.

Mortgage Rates End Week Close To Best Levels

Mortgages Rates improved slightly today, but that slight improvement brings them close to the best levels of the week.  This also means rates continue to operate fairly close to all-time lows.  We've recently noted a greater-than-normal degree of stratification between lender offerings, but that reversed somewhat today.

Mortgage Rates Convincingly Lower After Weak Jobs Report

Mortgages Rates moved convincingly lower today following a weaker-than-expected Jobs report.  Combined with yesterday's gains, most lenders are at their best levels of the week.

Bank of England keeps rates at 0.5%

The Monetary Policy Committee (MPC) of the Bank of England has elected to leave the interest rate of the United Kingdom unchanged at 0.5%, the lowest in the Bank of England’s 300 year history.

5 Ways to Safeguard Your Mortgage!

The responsibility of owning a home can be scary, especially in this troubled economic environment. Use these 5 strategies to safeguard your mortgage in the face of economic disaster.

Crédit Agricole offloads Asian brokerage business!

Crédit Agricole Corporate & Investment Bank (CA CIB) is selling its majority stake in CLSA, the Asian brokerage and investment group, to CITIC Securities International, an investment bank based in China.