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Interest rates rise; new hikes expected  WASHINGTON - Americans, already feeling the pinch of high energy prices, will have to open their wallets even wider if borrowing costs climb as expected through much of this year.via


PDs to consider proposal to abolish stamp duty  Major changes to stamp duty on houses are to be considered today by the Progressive Democrats in a push for new tax cuts after the next general election.read more...


Home Improvement on the Increase as Custom Home Building Decreases  Bathroom remodeling, kitchen remodeling, attic remodeling and basement remodeling are on the rise.read more...


Getting the Resort Experience From Your Own Residence  In a growing number of vacation areas across the U.S., a shift that started a few decades ago is accelerating: More hotel properties are offering fractional-ownership apartments. read


Ownit Mortgage Files for Bankruptcy (AP via Yahoo! Finance)   Ownit Mortgage Solutions Inc., a subprime mortgage lender, filed for bankruptcy last Thursday, just a few weeks after it stopped making new loans.read more...


Punta Gorda may set fines for errant builders  Builders still on the city's hit list could face hefty fines under an ordinance the City Council will consider Wednesday.read more...

September 6th, 2005

Home mortgage warns loan borrowers vs fake agents (Sun Star)

THE National Home Mortgage Finance Corp. (NHMFC) has warned its housing loan beneficiaries against persons or groups posing as accredited agents or broker of the housing agency or any parties purportedly to expedite the restructuring of the borrowers’ housing loan obligations with NHMFC.

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