Applications for U.S. home mortgages fell to its second-lowest level of the year last week as interest rates rose, an industry group said on Wednesday.The Mortgage Bankers association said its seasonally adjusted index of mortgage application activity fell 7.8 percent to 621.6 in the week ended May 16. The index touched its 2008 low in the week of April 25, when it hit 567.
One of the issues I address when writing a financial plan is that of diversification. And by this I mean diversification across asset classes
Best penny stocks will make you rich, and the worst ones will make you broke. It’s as simple as that. Penny stocks are some of biggest ways to lose and make money around, and the difference is usually the quality of information when choosing them.
Wow, it’s tough looking for work if you were employed in real estate or the mortgage business and your company imploded.
The subprime home-loan rush is history.