Stubborn mortgage rates defy conventional wisdom - Chicago Tribune Rates on 30-year fixed-rate mortgages have remained stubbornly above 6 percent for months. Interest rates on those loans are averaging 6.09 percent, mortgage investor Freddie Mac reported Thursday, an increase from the 6.08 percent the previous week. Source: www.chicagotribune.com On Native Ground - American Reporter DUMMERSTON, Vt. -- It seems hard to believe, but the finance, insurance and investor loans real estate sector (FIRE, for short) now constitutes about 20 percent of our nation's gross domestic product, while manufacturing contributes less than 13 percent. By Source: www.american-reporter.com
Net Gains: Freeze! How to Combat ID Theft - ABC News The Federal Trade Commission last year estimated that in 2005, some 8.3 million Americans fell victim to identity theft. Freezing your credit report can help you combat identity theft. (ABC News Photo Illustration) That amounts to nearly 23,000 Source: www.abcnews.go.com For sale, for less - Baltimore Sun Half the communities in the Baltimore metro area saw average home sale prices decline last year as the housing slump deepened. That's a big change from 2006, the first full year of the downturn, when prices were still rising in eight out of 10 local Source: www.baltimoresun.com Lehman Bond Risk Rises After $2.8 Billion Second-Quarter Loss - Bloomberg June 9 (Bloomberg) -- The cost of protecting debt sold by Lehman Brothers Holdings Inc . rose after the fourth-largest U.S. securities firm reported a record $2.8 billion second-quarter loss. Credit-default swaps protecting against a default by Source: www.bloomberg.com
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