US Finance

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US private sector sheds 23,000 jobs in March

Thursday, March 17th, 2011

The US economy shed 23,000 private-sector jobs in March, a payrolls firm said Wednesday in a report that was dramatically worse than market expectations.

Mortgage Rates Rise Above 5 Percent

Thursday, March 17th, 2011

Rates on 30-year fixed mortgages rise above 5 percent this week

U.S. 30-year mortgage rates jump to 8-month high

Thursday, March 17th, 2011

Rising bond yields sent U.S. 30-year mortgage rates to the highest level in eight months, home funding company Freddie Mac said on Thursday.

Use Low Rate Mortgage to Maximize Home Purchase, Says Informa Research Services

Thursday, March 17th, 2011

According to recent reports, mortgage rates have fallen for the first time in over a month. After jumping significantly a few weeks ago, they have now retreated back to record low levels, which could benefit first time home buyers and others who are in the market to purchase.

Mortgage Servicer Profits May Threaten Obama Housing Programs

Thursday, March 17th, 2011

Mortgage servicers may have to take a pay cut to participate in President Barack Obama’s programs to modify home loans and advance the sale of properties in default.

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