strength

Rising mortgage rates will test housing market (Los Angeles Times)

The interest rate for a 30-year loan ticks up to 5.14%, the fourth consecutive weekly increase. Mortgage rates are continuing their creep upward in a trend that well may choke off a recent refinancing boom and provide a test of the strength of the housing market in 2010.

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Rising mortgage rates will test housing market (Los Angeles Times)

strength

Canadian Tire Sells Mortgage Book to National Bank (Update1) (Bloomberg)

Oct. 14 (Bloomberg) — Canadian Tire Corp., the country’s biggest auto-supplies retailer, said it will sell its mortgage portfolio to the National Bank of Canada, exiting the home- lending business after two years.

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Canadian Tire Sells Mortgage Book to National Bank (Update1) (Bloomberg)

strength

Mortgage & Investment Consulting banned (Chicago Tribune)

A Minnesota-based mortgage company that operated a local office in Lincoln Park will not be allowed to reopen.

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Mortgage & Investment Consulting banned (Chicago Tribune)

strength

Fed officials disagreed on ending mortgage rate aid (USA Today)

Uncertain about the strength of the budding recovery, Federal Reserve policymakers last month were conflicted over whether to expand or cut back a program intended to drive down mortgage rates and prop up the housing market, according to a document released Wednesday.

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Fed officials disagreed on ending mortgage rate aid (USA Today)

strength

Canadian Tire Bank Selling Mortgage Portfolio to National Bank (Bloomberg)

Oct. 14 (Bloomberg) — Canadian Tire Corp. said it will sell its mortgage portfolio to the National Bank of Canada

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Canadian Tire Bank Selling Mortgage Portfolio to National Bank (Bloomberg)