Katherine Watt is a CNET Money writer focusing on mortgages ... The mortgage market was calmer than usual in recent weeks, with rates holding steady just below 7% since late January.

The P/B ratio shows how a stock's market price compares to its book value. It helps gauge whether a stock is undervalued or overvalued relative to its net assets.

All eyes this week were on the Bank of England as a base rate cut from 4.75% to 4.5% was confirmed - but while that was expected, what was written in the Monetary Policy Committee's notes raised ...