October mortgage take-up hit new heights (Guardian Unlimited) Mortgage lending strengthened in October, buoyed by increasing consumer confidence in the housing market, according to the Bank of England today. Figures from the Bank showed that advances during the
Reverse mortgages aren't the way to fund that dream vacation Retired? Have a house? Need income? Beware of pitches to turn your house into income for life.Commentread more...
Metro begins minority contractor initiative When Metro, the St. Louis regional transit agency, began building its light-rail public transportation system here in the early 1990s, minority-owned firms won 15 percent of the project's construction ...read
New Banking Branches Indicate Good Local Economy The banking business in Twin Falls is apparently pretty healthy. Two new bank offices will be opening once they've been built.via
Mortgage rates surge past 6%, to 7-week high (The Record) WASHINGTON -- Rates on 30-year mortgages rose to the highest level in seven weeks, breaking above the 6 percent level. Freddie Mac, the mortgage company, reported Thursday that 30-year, fixed-rate
U.S. Stocks Fall as Housing Slump Deepens; Countrywide Financial Declines U.S. stocks dropped for a second day on mounting evidence that a housing slump may cause economic growth to slow.read more...
A building contractor was ordered to pay $21,000 in restitution and unpaid wages to 12 day laborers in Upper Marlboro on Thursday.
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