South Dakota Mortgage Rates
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Mortgage industry news
On the Heels of Fed Chairman Bernanke's Comments on Rising Interest Rates, SMR Financial Introduces 'Mortgage Recession As interest rates continue to climb in light of the Federal Reserve's 16th consecutive rate hike, the mortgage industry is headed for a "Mortgage Recession" unlike anything seen in previous periods. (full story) | Reports Say Home Sales Slowing, Interest Rates Rising Chattanoogan - The housing sector is exhibiting numerous signs of slowing, with a new report showing the pending home sales index falling for a third straight month. The pending sales index is the lea (full story) |
Bankrate: Mortgage Rates Advance on Holiday-Shortened Week Mortgage rates have see-sawed back-and-forth in recent weeks on news of a softening housing market (full story) | Adjustable-rate loans not the best choice now Wichita Eagle - With interest rates rising, fewer people are applying for new mortgages -- just as you'd expect. But here's a worrisome surprise: More of the applicants are seeking adjustable-rate mor (full story) |
1/6/2009 3:12 PM