Eager home buyers relying on unconvential mortages Homeownership in New Hampshire has reached 73 percent, fueled in part by debt-laden young people using unconventional mortgages to buy homes they might not be able to afford for long.via
Couple makes a home of their collections Laura and Dave Gore had no trouble decorating their new home - they just filled in the spaces with one or another of their collections.via
Countrywide mortgage funding falls 44% (CNN Money) Pays out only $21.2B in mortgage loans after nearly abandoning subprime market.read more...
TD Canada Trust lowers its prime lending rate, but less than central bank's move Two of Canada's biggest banks have declined to pass on to consumers the full half percentage point cut in interest rates announced by central banks around the world Wednesday, citing
New 'Dutch disease' has lessons for U.S. housing U.S. and British policy makers concerned about house prices falling need only look at the Netherlands to see how even a soft landing can dampen growth.read more...
Supplies selling well during sales-tax holiday The final days of the tax-free holiday on hurricane-related items sent area residents shopping for storm staples.via
SAN DIEGO - When the housing market here was red-hot 18 months ago, Alex Flores could buy a downtown condominium with as little as $5,000 down and sell it six months later for a tidy profit of $200,000. Now, ...
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