Spiraling housing costs hurting more Americans
The American dream of having a job and owning a tidy home is becoming a fantasy for more people.
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Mortgage applications, refinancing decline again (Baltimore Sun) U.S. mortgage applications declined last week for the third time in the past four as higher borrowing costs led to less refinancing, according to a survey released Wednesday.
Rigorous FHA rules easing for home buyers When Jeff and Lynette Fletcher bought their first house recently, they turned to one of the nation's oldest lending programs.read more...
Real Estate Calendar The Post lists events that builders and developers have scheduled for would-be home buyers. All are free and open to the public. read more...
Housing Starts Sink 14.3% To Lowest Point in 10 Years Home construction fell to its lowest point in nearly a decade during January in an unexpectedly steep slide that erased hopeful gains posted in two prior months. read more...
Correction: Mortgage Lenders Sector Snap (AP via Yahoo! Finance) In a Sept. 5 story about mortgage lenders, The Associated Press incorrectly reported an estimate made by Friedman Billings Ramsey analyst Scott Valentin regarding Merrill Lynch's agreement to acquire
Mortgage trend poses risks in downturn (Boston Globe) To afford Greater Boston's soaring home prices, one in four homebuyers last year took out a risky, interest-only mortgage that offers lower monthly payments in the initial years of the