House market in flux (Reg Req’d)
If you’ve been waiting for the housing market to cool, then your moment may have arrived.
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30-year rates rise and 5/1 ARM skyrockets Fears of inflation and credit risks caused the 5/1 adjustable-rate mortgage to climb by nearly a half point.read more...
Mortgage lender IndyMac to lay off 24 percent of its work force to slash costs (Minneapolis-St. Paul Star Tribune) Mortgage lender IndyMac Bancorp Inc. said Tuesday it will slash its work force by 24 percent, laying off 2,403 employees in a bid to cut costs as it tries to
Congress would pre-empt N.C. lending regulations Congress would pre-empt N.C. lending regulations By FRANK NORTON, Staff Writer A bill before Congress could gut protections against predatory mortgage lending in North Carolina by replacing them with a
Ryland Homes Has Grand Opening Ryland Homes will host a grand opening Saturday from 10 a.m. to 6 p.m. to showcase six new single-family home models, priced from the $200,000s, at Waterside Pointe, a gated
Greenwich Developers Try Mega Mansions -- on Spec Antares Investment Partners is planning to construct several sprawling estates in this Connecticut town -- before lining up buyers. It's a risky move at a time when U.S. home builders
Mortgage Rates Post a Slight Decline (Minneapolis-St. Paul Star Tribune) WASHINGTON (AP) - Mortgage rates declined slightly this week as investors grew more hopeful that the Federal Reserve's long string of rate hikes is drawing to a close. Freddie Mac,