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Eron Mortgage fraud identifies boomers as vulnerable investors, study says (Canadian Press via Yahoo! News)   VANCOUVER (CP) - The Eron Mortgage fraud in British Columbia exposed a new vulnerable group of investors - baby boomers desperately seeking high returns in an attempt to build


Is Sea Fighter the new breed of Navy ship?  Like a slender runner in a roomful of weightlifters, the Sea Fighter stands out among ever-bigger warships the Navy is building.read more...


U.S. Mortgage Applications Rise (Fox 23)  U.S. mortgage applications last week rose 1.2 percent from the previous seven-day period and mortgage rates also moved up, a private group reported Wednesday.read more...


REAL ESTATE: 13th mortgage payment speeds payoff (The Charlotte Observer)  Q. I was told that if you make one extra home mortgage payment each year on a 30-year fixed-interest-rate loan, it will be paid off in 15 years. If that


Officials mull how to rebuild Big Easy (Reg Req'd)  An astonishing phenomenon the drowning of New Orleans leads to a mind-boggling question: How to rebuild a city? Some are already considering the challenge.read more...


Mortgage bank settles with state commissioner (BizJournals)  Challenge Financial Investors Corp. has agreed to pay $848,000 to settle allegations of poor supervision and controls in its mortgage operations, according to an announcement from the N.C. Office of

August 24th, 2005

Rents Rebound as Home Prices Put Off Buyers

Rents are rising again across the country, squeezing tenants who are already coping with high gasoline prices and improving returns to landlords after a deep five-year slump.

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