Look Out for Googlers If Buying in Atherton, Calif.
Employees of Google Inc. are heating up the housing market in Silicon Valley.
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Mortgages drain homeowners' wages Homeowners living in property hotspots are spending up to a third of their take-home pay on mortgage repayments, research has showed.read more...
Roommate ads offer to swap rent for sex Upscale executive seeks beautiful female 18-24 to live in his luxury condo in Coral Gables for $1/month in exchange for some light duties.read more...
Mortgage applications set record (Detroit News) Applications filed with mortgage lenders for home purchases rose to a record last week, a sign housing is providing unwavering support for the U.S. economy.via
Obama, McCain call for changes in mortgage giants (The Charlotte Observer) Democratic presidential nominee Barack Obama said Saturday that any government takeover of troubled mortgage giants Fannie Mae and Freddie Mac must put the interests of taxpayers and homeowners first. His
Banks withdraw fixed-rate mortgage offers (Daily Telegraph) Banks and building societies pulled many fixed-rate mortgage deals off the market yesterday, denying borrowers the chance to avoid the Bank of England's next increase in interest rates.read more...
Home Lenders Feeling Heat The Securities and Exchange Commission is investigating a number of companies that operate in the troubled market for sub-prime mortgage loans, the agency's top enforcement official said Monday.Commentread more...