Real Estate Notes
Rates on 30-year mortgages fell for a fourth consecutive week as more evidence of an economic slowdown eased concerns among bond investors about inflation.
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Mortgage crisis tops list of year's top 10 news stories in Bay Area (San Francisco Chronicle) A lot of newsworthy events happened over the past year, but the biggest stories of 2007, according to the Chronicle's year-end reader poll, were the subprime mortgage mess; the wayward
Make the Most of Your Tax Rebate: Reinvest in Your Home Homeowners can use this refund to invest in home improvements that add value in a difficult housing market. via NewsChannel 8 read more...
Home Mortgages Fell Last Week Applications for home mortgages fell last week as rising interest rates deterred borrowers from refinancing their existing home loans and taking out new ones, an industry trade group said on
Home affordability plummets HOME affordability for first-time home buyers has plummeted, forced down by higher interest rates and resilient house prices, a survey has found.read more...
Mortgage application volume rises slightly (AP via Yahoo! Finance) Mortgage application volume rose 2.9 percent during the week ending May 9, according to trade group Mortgage Bankers Association's weekly application survey.read more...
Home prices continue climb, but sales fall (Reg Req'd) Bay Area house prices continued their rapid climb in April, so that half of the houses and condominiums sold cost more than $586,000, but market activity fell 10 percent from