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MBA Weekly Survey: U.S. Home Mortgage Applications Advance 17%

MBA Weekly Survey: U.S. Home Mortgage Applications Advance 17%

July 18, 2012 at 2:32 pm 0 comments

The overall number of applications filed for U.S. home mortgages last week rose 17% as mortgage rates dropped to the lowest on record, the Mortgage Bankers Association said Wednesday. The refinance index moved up 22% as compared to the priorRead More

Google Inc. (GOOG) Motorola Mobility Making Vital Moves to Avoid US Import Bans

Google Inc. (GOOG) Motorola Mobility Making Vital Moves to Avoid US Import Bans

July 18, 2012 at 12:42 pm 0 comments

Google Inc. (NASDAQ:GOOG) recently bought division, Motorola Mobility reported on Tuesday that it has taken steps to avoid disruption of US imports and sales of its new phones following the products were involved in violation of a Microsoft patent. TheRead More

Giants Banks Only Accepting FHA and HARP Loan Applications From Current Clients – (BAC, JPM, WFC)

Giants Banks Only Accepting FHA and HARP Loan Applications From Current Clients – (BAC, JPM, WFC)

July 17, 2012 at 3:31 pm 0 comments

The steps taken by the White House to drive extensive refinancing of mortgages for homeowners who owe higher than the value of their properties may be restricted by banks’ stretched lending capacity and their fears that the borrowers are tooRead More

Mortgage Rates: Hovering High This Week After Making All-Time Lows

Mortgage Rates: Hovering High This Week After Making All-Time Lows

July 16, 2012 at 6:15 pm 0 comments

Mortgage rates and markets keep on changing constantly.  This week data showed, Mortgage markets were improved as compared to the last week wave of global economic growth slow down and the investors thirst to find safe heaven in investments. MortgageRead More

U.S. Bancorp (NYSE:USB) Maintains Position Among Market Leaders And Moody’s Releases A Weekly Credit Outlook Report

U.S. Bancorp (NYSE:USB) Maintains Position Among Market Leaders And Moody’s Releases A Weekly Credit Outlook Report

July 16, 2012 at 2:53 pm 0 comments

U.S. Bancorp (NYSE:USB) has maintained its place as one one of the country’s market leaders over the weekend and for another time started the new week with some of the lowest home purchase and refinance mortgage rates to be foundRead More

Facebook Inc (NASDAQ:FB) Founder Mark Zuckerberg Provides New Meaning To The Phrase “The one percent”

Facebook Inc (NASDAQ:FB) Founder Mark Zuckerberg Provides New Meaning To The Phrase “The one percent”

July 16, 2012 at 2:37 pm 0 comments

Mark Zuckerberg, who is a web entrepreneur of Facebook Inc (NASDAQ:FB) and one of the world’s youngest billionaires, came up with a new meaning to the phrase the one percent. The term was popularized in 2011 when the Occupy WallRead More

U.S. Mortgage Rates Fall: 30-Year Loan Hits Lowest Level Since 1971

U.S. Mortgage Rates Fall: 30-Year Loan Hits Lowest Level Since 1971

July 14, 2012 at 7:48 pm 0 comments

U.S. mortgage rates have moved down, with 30-year loans hitting the lowest level on record for a fourth straight week, along with signs of growth in the housing market. The 30-year fixed-rate mortgage average decreased to 3.56 percent in theRead More

Kite Realty Group Trust Secures Financing

Kite Realty Group Trust Secures Financing

July 13, 2012 at 11:45 am 0 comments

Kite Realty Group Trust announced today that it has closed on a $23 million construction loan for its Four Corner Square redevelopment property in Maple Valley, Washington (Seattle MSA). Construction has commenced on the project, which is 84% leased orRead More

Lynda Tollner Joins Baker’s White Plains, New York, Office as Construction Manager

Lynda Tollner Joins Baker’s White Plains, New York, Office as Construction Manager

June 9, 2012 at 1:07 am 0 comments

Michael Baker Engineering, Inc., a unit of Michael Baker Corporation (NYSE MKT:BKR), is pleased to announce that Lynda C. Tollner, P.E., P.M.P., has joined Baker’s Construction Management Group. She will manage all aspects of the delivery of the Newtown CreekRead More

Capstead Mortgage Corporation Declares Dividends on Its Preferred Stocks

Capstead Mortgage Corporation Declares Dividends on Its Preferred Stocks

June 8, 2012 at 1:05 am 0 comments

The Board of Directors of Capstead Mortgage Corporation (NYSE: CMO) announced today that it will pay the regular quarterly dividend of $0.40 per share on the $1.60 Cumulative Preferred Stock, Series A (NYSE: CMOPRA), and the regular monthly dividend ofRead More