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Home Equity Loan Center

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Mortgage Headlines


Posted on:

Mortgage rates fell this week -- and should level off -- after the Fed stopped pushing rates up
When should you lock in your interest rate? The Daily Mortgage Commentary keeps you up-to-date on the financial conditions driving mortgage rate changes.
Posted on:

Credit markets improve, but new troubles emerging
By MADLEN READ
Posted on: Oct 15, 04:31 PM

Porter Bancorp, Inc. Announces Continued Growth in Third Quarter Income, Loans and Deposits
Porter Bancorp, Inc. (NASDAQ: PBIB), parent company of PBI Bank, with 20 full-service banking offices in 12 counties in Kentucky, today reported net income of $4.1 million, or $0.52 per share, for the third quarter of 2008 compared with $3.3 million, or $0.44 per share, for the third quarter of 2007. The Company also reported a 24.9% increase in loans to $1.3 billion and a 21.5% increase in deposits to $1.3 billion compared with the third quarter of 2007.
Posted on: Oct 15, 04:04 PM

JPMorgan profit sinks as credit deteriorates
By MADLEN READ
Posted on: Oct 15, 03:43 PM