Mortgage Applications Static In Latest MBA Survey Wednesday, December 31, 2008 (138 reads)
The Market Composite Index, a measure of mortgage loan application volume, was 1245.7, essentially unchanged, on a seasonally adjusted basis from 1245.4 one week earlier, according to the latest Mortgage Bankers Association weekly mortgage applications survey for the week ending Dec. 26.
Read More |
|
Phoenix, Swiss Re Enter Reinsurance Agreement Wednesday, December 31, 2008 (154 reads)
Hartford-based The Phoenix Cos. has entered into a reinsurance agreement with Reassure America Life Insurance Co., a subsidiary of Swiss Re, for a group of in-force term life insurance policies. Detailed terms of the transaction were not disclosed.
Read More |
|
Conn. Food Banks Get Bread Wednesday, December 31, 2008 (133 reads)
The Connecticut Food Bank in New Haven, and Foodshare Inc. and Operation Fuel both in Bloomfield, were part of 13 food banks and fuel assistance programs across New England and Upstate New York to receive donations from TD Banknorth and TD Insurance this holiday season.
Read More |
|
|
|
U.S. Jobless Claims Drop By Much More Than Expected Wednesday, December 31, 2008 (148 reads)
The number of U.S. workers filing new claims for jobless benefits slumped 94,000 last week, government data Wednesday showed, but seasonal factors were likely behind this unexpectedly large decline with the labor market remaining very soft.
Read More |
|
|
|
Treasurer Nappier Calls For Federal Legislation Tuesday, December 30, 2008 (159 reads)
Connecticut State Treasurer Denise L. Nappier has called for federal legislation to address high interest rates charged by credit card companies on consumer cards, especially when compared with the Federal Reserve’s recent cut of the federal funds rate to near zero percent.
Read More |
|
|
|
Conn. Mortgage Weekly Rates Up Tuesday, December 30, 2008 (162 reads)
The average 30-year fixed mortgage rate in Connecticut rose last week, ending the week at 5.02 percent, compared to 4.98 percent the week prior, according to online mortgage tracker Zillow.
Read More |
|
Professional Appraisers Respond To Appraisal Code Tuesday, December 30, 2008 (219 reads)
Now that Fannie Mae and Freddie Mac have taken steps to improve appraisal quality by establishing the revised Home Valuation Code of Conduct (Appraisal Code), the nation’s largest organizations of professional real estate appraisers – the American Society of Appraisers, the Appraisal Institute, the American Society of Farm Managers and Rural Appraisers, and the National Association of Independent Fee Appraisers – suggest lenders set their policies to use the most competent appraisers available.
Read More |
|
|
|