Big gaps remain in repair work at schools
There’s a hole in the ceiling at Carmichael Elementary School and a reading classroom has no heating or cooling.
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Visitors to Model Homes Don't Spend Much Time Looking Around read more...
O.C. mortgage rates decline for third week in a row (Orange County Register) Mortgage rates in Orange County fell for the third-straight week. The average rate on a 30-year fixed with a one-point fee dropped to 5.785 percent, said the National Financial News
Merrill Lynch buys National City mortgage unit for $1.3B (USA Today) Merrill Lynch (MER) announced Tuesday that it plans to acquire the mortgage business of Cleveland-based National City (NCC) for $1.3 billion.read more...
Mortgage Demand Climbs in Spite of Rising Interest Rates (Fox News) Mortgage applications rose last week in spite of rising interest rates, as demand for home purchase loans were up.read more...
Sometimes investing beats 'burning mortgage' (InsideBayArea) IF YOU SUDDENLY came into $100,000, should you pay off that $100,000 30-year mortgage on your home that carries an interest rate of 5.via
HBOS Says U.K. Mortgage Share, Lending Margin to Fall (Update2) (Bloomberg.com) June 12 (Bloomberg) -- HBOS Plc, Britain's biggest mortgage bank, said its share of the U.K. home-loan market will fall by half in the first six months of the year