Mortgage rate falls - The average rate on 30-year fixed mortgages tied a record low this week, 4.78 percent, down from 4.8 percent last week, Freddie Mac said Thursday. The average rate on a 15-year fixed-rate mortgage was 4.48 percent, unchanged for…
Filed under: Mortgage Refinance News | No Comments »
A decision to write off the entire amount of goodwill on its books led to a $49.7 million loss in the first quarter for Southern Community Financial Corp.
Filed under: Mortgage Refinance News | No Comments »
WINSTON-SALEM, NC–(Marketwire - April 30, 2009) - Southern Community Financial Corporation ( NASDAQ : SCMF ) ( NASDAQ : SCMFO ), the holding company for Southern Community Bank and Trust, today reported first quarter 2009 results. Financial Highlights — Deposit growth for first quarter 2009 of 16% year-over-year and 8% on a linked quarter basis — Non-interest income increased $473 thousand or …
Filed under: Mortgage Refinance News | No Comments »
Southern Community Financial Corporation (NASDAQ: SCMF), the holding company for Southern Community Bank and Trust, today reported first quarter 2009 results.
Filed under: Mortgage Refinance News | No Comments »
April 30 (Bloomberg) — Fixed mortgage rates fell for a third consecutive week, matching the record low reached earlier this month, driven by Federal Reserve Chairman Ben S. Bernanke ’s plan to buy home-loan securities to bolster the housing market.
Filed under: Mortgage Refinance News | No Comments »
