American home mortgage news | ||
Mortgage rates edge down for the week Mortgage rates edged down this week, good news for people looking to buy a slice of the American dream -- their own home. The mortgage company Freddie Mac, in its weekly survey, reported that rates on 30-year, fixed-rate mortgages dipped to 6.22 percent for the week ending Thursday. That was down from last weeks average rate of 6.26 percent and was the lowest since late October. Wells Fargo Home Mortgage Opens Nearly 50 Culturally-Themed Branches in Diverse Neighborhoods Nationwide DES MOINES, Iowa, Jan. 5 /PRNewswire/ -- Wells Fargo Home Mortgage opened nearly 50 branches in 18 cities the past year with culturally-themed decor that reflects the location and cultural makeup of their communities. Wells Fargo Home Mortgage Opens Nearly 50 Culturally-Themed Branches in Diverse Neighborhoods Nationwide Wells Fargo Home Mortgage opened nearly 50 branches in 18 cities the past year with culturally-themed decor that reflects the location and cultural makeup of their communities. As part of its national goal to bring the dream of home ownership to more people, the company launched its new store concept to further expand its outreach to ethnic minorities by providing a greater presence in targeted American Advantage Mortgage Company Celebrates the Expansion into South Carolina Forked River, NJ (PRWEB) January 5, 2006 -- American Advantage Mortgage Company announces the expansion of operations into Myrtle Beach, South Carolina. The office location is on South Carolina’s 60-mile Grand Strand, Myrtle Beach at 1293 Professional Drive, Suite D. Mortgage Rates Edge Down WASHINGTON - Mortgage rates edged down this week, good news for people looking to buy a slice of the American dream - their own home. The mortgage company Freddie Mac, in its weekly survey, reported that rates on 30-year, fixed-rate mortgages dipped to 6.22 percent for the week ending Thursday. Mortgage rates hold at 5.75% The prevailing mortgage rate of 5.75 percent prevailed for another week, with the last major local lender cutting its rate to that level. Buying childhood home is ticket to the past Theres a black-and-white photo, circa 1946, of James Roche as a baby on the front porch of his childhood home. Mr. Roche, now 60 years old, has studied the photo, in part to see the boy he was, but mostly to check out the screen door in the background. HUD Settles Kick-Back Case With 9 Memphis Home-Builders MEMPHIS - Nine Mid-South home-builders will pay the federal government $226,000 to settle a three-year long dispute over an alleged kick-back scheme, according to a spokesperson for the U.S. Department of Housing and Urban Development. American Airlines Federal Credit Union Declares Extraordinary Dividend FORT WORTH, Texas, Jan. 5 /PRNewswire-FirstCall/ -- American Airlines Federal Credit Union is proud to announce that an extraordinary dividend of approximately $5 million was paid to member-owners on December 31, 2005. Market Wisdom Has Its Flaws Market Wisdom Has Its Flaws Market Wisdom Has Its Flaws Market Wisdom Has Its Flaws As 2006 begins, the great American housing boom is going to weaken, if not collapse. But that will not hurt the economy very much, and growth will continue at a good pace. Or so goes the conventional wisdom. | ||