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Fed Meeting Minutes, GDP May Roil Market  Optimism returned to Wall Street last week, with solid economic data and falling oil prices giving the stock market its strongest week of 2005.via


Subprime mortgage lender seeks bankruptcy protection (The Clarion-Ledger)  New Century Financial, the nation's second-largest subprime mortgage lender, filed Monday for bankruptcy protection. The company also said it was laying off more than half its staff and would sell


Mortgage payment confusion growing (East Valley Tribune)  Just months after refinancing their home of 20 years, Tempe homeowner Kathy Gram and her husband found themselves in a state of confusion when they stopped receiving mortgage payment coupons


Popular Bend keeps booming and growing (Reg Req'd)  BEND, Ore. -- The home construction boom in Central Oregon shows no sign of slackening.read more...


Savings tumble poses risk to boomers  People are saving at the lowest level since the Great Depression, and that could be a problem for the millions of baby boomers getting ready to retire.Commentread more...


Weekly Home Mortgage Rates (AP via Yahoo! News)   Weekly Home Mortgage Ratesread more...

August 26th, 2005

Busy Contractors Leave Bid Requests Unanswered

A construction boom in Mississippi and hurricane-ravaged areas in the Southeast have contractors so busy they’ve had difficulty bidding recent projects.

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