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Mortgage Lending

Rate On 30-Year Mortgage Down To Record 3.88 Pct.The average rate on the 30-year fixed mortgage fell again this week to a record low. The eighth record low in a year is attracting few takers because most who can afford to buy or refinance have already done so.
Local Homeowners Flock To Event For Mortgage HelpNorth Texans, struggling to make mortgage payments, have a chance to save their dream. The Save the Dream Event" began Thursday at the Dallas Convention Center -- aimed at helping homeowners cut through mortgage red tape.
Bank Of America To Cut 3,500 JobsBank of America Corp., the nation's largest bank, said Friday that it plans to cut 3,500 jobs by the end of September.
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