Banks Call for Stronger Anti-Speculation Steps
Presidents of commercial banks Friday called for the government to come forward with more drastic steps to contain real estate speculation.
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Britain to give first-time buyers leg-up onto housing ladder Britain is to offer first-time home buyers a helping hand to get onto the increasingly expensive housing ladder, the Chancellor of the Exchequer Gordon Brown said in an interview.via
Exotic mortgage holders face difficult refinancing (Orange County Register) New scrutiny means lenders tightening their standards. Refinancing a mortgage, suddenly, isn't such an easy thing to do.read more...
New home sales show rebound The Commerce Department says sales of new homes rose three-point-four percent in November.Commentread more...
Sub-prime mortgage meltdown causes run on state-managed investment fund (Sun-Sentinel) The nation's sub-prime mortgage crisis is prompting Florida cities, counties and agencies ? including Pompano Beach and Palm Beach County public schools ? to pull billions of dollars out of
Katrina Disaster Spawns Tax Relief Home owners who've lost property or suffered property damage in the wake of Hurricane Katrina can perhaps find bits of financial solace in special tax and other forms of relief
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