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Demand for Option ARMS Drops As Short-Term Interest Rates Rise  The popularity of option adjustable-rate mortgages the cheap financing that helped pump up the housing boom, has fallen.read more...


Realtors Will be Brushing Up Today  read more...


City of New York projects record surplus 05, but large out-year budget gaps  New York City will end Fiscal Year 2005 with a record surplus in excess of $3.3 billion and is on track to produce a surplus in FY 2006 even before


GROWTH SPURT: Mortgage firm leads the pack in job growth (Fort Worth Star-Telegram)  Take a booming mortgage market, add one big mortgage maker eager to expand outside of its high-cost home state, and the result is the biggest jump in jobs by a


Closure date brings Ford workers some closure  Walking to her car after work Monday, Tracy Williams was talking chassis and home decorating in the same breath: Her past and her future.Commentread more...


Home-Equity Borrowing Is Less Enticing These Days    NEW YORK -- Home-equity loans and lines of credit are still a popular way for homeowners with a mortgage to borrow. The interest is much lower than on other

July 12th, 2005

‘Middle class is being squeezed’

Do we make enough? The short answer is no. Certainly wages are higher here than they are in many parts of the country.

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