Housing cost overwhelms wage earners in more areas
WASHINGTON , The American dream of having a job and owning a tidy home is becoming a fantasy for more people.
via
Banks Shrug Off Recent Mortgage Slowdown (San Francisco Chronicle) Wells Fargo & Co. and U.S. Bancorp posted record first-quarter profit on Tuesday, shrugging off a recent home mortgage slowdown caused by rising interest rates. Profit at San Francisco-based Wells
Briefs: Late mortgage payments climb in late 2005 (Fort Wayne Journal Gazette) Late mortgage payments rose to a 2 1/2 -year high in the final quarter of 2005 as Gulf Coast homeowners struggled with fallout from the hurricanes and lofty energy prices
H&R Block loss soars on mortgage meltdown (USA Today) H&R Block, the nation's largest tax preparer, said in a preliminary earnings report Tuesday that it expected a huge second-quarter loss as it continued to wrestle with its disintegrating mortgage
Blackwell's up for the Cup Scam helped with couple's mortgage payments A Mother of five has been jailed for nine months after falsely claiming more than 100,000 in benefits.read more...
Mortgage rates continue to fall (BizJournals) Long-term mortgage rates fell for the fourth straight week this week, with the average 30-year fixed rate mortgage at a 14-month low.via
This could be the right moment to sell For many who want to sell real estate in the Washington metropolitan area, it hasn't been easy adapting to this year's market.read more...