Bad jobs, good rate news
Paradox: falling unemployment rate can be bad news.
Countrywide’s Delinquencies Jump As Economy Hammers Borrowers
The lender said its loan delinquency rate climbed last month amid housing and general economic woes.
Fed up with interest-only
Fed cut doesn’t result in lower mortgage rates.
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February 20th, 2008 at 7:01 am
[…] Bad jobs, good rate news Paradox: falling unemployment rate can be bad news. Countrywide’s Delinquencies Jump As Economy Hammers Borrowers The lender said its loan delinquency rate climbed last month amid housing and general economic woes. Fed up with interest-only Fed cut doesn’t […] […]