Can I still get a mortgage? (Evening Standard) Homebuyers are seeing the cost of mortgages continue to climb despite falling house prices. Mortgage brokers say lenders are cold-shouldering 'risky' borrowers as they desperately try to improve their returns
KCHA to sell bonds to finance building purchase The Knox County Housing Authority has decided to sell $1.13 million in bonds to help with its purchase of Brentwood Apartments and Prairieland Townhouse Apartments from Knox College.read more...
Bond Strategists: Mortgage Bonds Will Underperform, Lehman Says (Bloomberg.com) Dec. 29 (Bloomberg) -- Mortgage-backed bonds sold by companies such as Fannie Mae will lag behind U.S. Treasuries for a second year in 2006 as banks cut their purchases amid
Housing Starts Declined 5.6% In October; Permits Also Slid Housing starts fell as mortgages rates continued to climb. Building permits were down 6.7%. Builders appear to be dialing back new construction amid growing inventories and signs of slowing demand.read
ECC Capital Corporation Closes the Sale of Its Mortgage Banking Operations to Bear Stearns (PR Newswire via Yahoo! Finance) ECC Capital Corporation today announced the closing on February 9, 2007 of the sale of its mortgage banking business to Bear Stearns.read more...
New Home Sales in U.S. Probably Fell Last Month on Higher Mortgage Rates Sales of new homes in the U.S. probably declined 4 percent in May as buyers balked at higher mortgage rates and prices, economists said before a government report today.read more...
Builder confidence in the market for new single-family homes edged down somewhat in August but remained well within the elevated range that has characterized the past 17 months, according to the latest National …
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