When it comes to mortgages, old habits aren’t dead
The “Greenspan Effect” roiled the residential real estate market. Home buyers today are increasingly favoring an old option when selecting a mortgage: the 30-year fixed rate loan.
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Fed seen standing firm as mortgage pain worsens (AFP via Yahoo! News) The Federal Reserve is widely expected to keep US interest rates on hold at its meeting Tuesday despite increasing angst about America's troubled housing and mortgage markets, economists say.read
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Opportunity Knocks for the Window and Door Industry: Opportunity Knocks for the Window and Door Industry The window and door industry has ridden the wave of new home construction to a state of success.read more...
Economy Grinds to a Near Standstill in Fourth Quarter of 2007 read more...
Magnolia company expects loss after building sale Even after its building on Buddy Riley Blvd. is renovated and sold, Magnolia 4B Community Development Corporation can expect a $200,000 loss on the controversial project, said 4B chairman Frank
Home affordability at record low Affordability has dropped 10.3pc since March 2006 HIA index at lowest level since 1984 Property: Latest property news, tips HOUSING affordability has fallen to its lowest level ever recorded