Second half 2007 mortgage originations show preference for fixed-rate over ARMs

The unemployment rate edged up from 4.1% in October to 4.2% in November, while total nonfarm payroll employment added 227,000 jobs, beating consensus estimates. The number of unemployed people was little changed from November, at 7.1 million. A year earlier the jobless ra...

Rate, the second-largest retail mortgage lender in the U.S., announced the appointment of Connie Lindsay as senior vice president of mortgage lending in Washington state. Lindsay will contribute years of experience in mortgage banking, most recently at US Bank, and a commitm...