Mortgage markets deteriorated last week on the heels of weak economic data and uninspiring corporate earnings.
Mortgage rates rose for the second week in a row. They’re now measurably higher than the low point set 3 weeks ago.
For mortgage rate shoppers, though, last week’s most important stories weren’t necessarily last week’s most reported stories; the [...]
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Joshua Dorkin
Charles Feldman

Ted Karsch.





Congratulations, Wall Street (and NY real estate brokers)!
by Bea Chenowitz | December 18, 2006The much-awaited Wall Street bonus news have come out last week, with Goldman Sachs announcing the highest annual earnings in Wall Street history, allowing the investment bank to pay out a whopping $16 billion to eligible employees. That is over $600,000 per employee, with some high producers possibly earning as much as $100 million. Other investment [...]