Housing Construction Falls for 2nd Month
Construction of new homes slipped for a second month in August, providing fresh evidence that the nation’s housing boom may be cooling.
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5 easy steps to finding an insurance agent Take these steps to find an agent or broker to help you manage risk with the right insurance coverage.read more...
Sector roundup: Bond, mortgage insurers; Web stocks (AP via Yahoo! Finance) Shares of bond and mortgage insurers plummeted Wednesday after Ambac Financial Group Inc. reported a steep loss for the first quarter, stirring worries about how badly the credit crisis
U.S. MBA?s Mortgage Applications Index Decreased 6.2% Last Week (Bloomberg) Nov. 19 (Bloomberg) -- Mortgage applications in the U.S. dropped last week as demand for home-purchase financing slumped to an almost eight-year low. The Mortgage Bankers Association?s index of applications
Nomura Pulls Out of U.S. Mortgage Market (New York Times) Japan?s largest brokerage said today that it would pull out of the U.S. residential mortgage-backed securities market and cut a quarter of its American workforce.read more...
Mad for mauve "It goes back to England and to Victorian times." Like anything in design and fashion, colors are cyclical. Remember the mauve-tinted home style of the 1980s? 'Mauve is making
Mortgage lending 'at record high' (BBC News) Mortgage lending falls by 10% in December, but is still at record levels for the month, figures show.read more...