Overnight real estate rates leap (Reg Req’d)
The 30-year fixed-rate average jumped to 5.51 percent, and the 15-year fixed-rate grew to 5.08 percent.
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New Credit Standards Squeeze Buyers "Investors are just too afraid to take the risk anymore." The mortgage credit crunch is not only affecting interest rates that home buyers are quoted, but it is also
Treasury Seeks Authority to Buy $700 Billon in Mortgage Assets (Bloomberg via Yahoo! News) Sept. 20 (Bloomberg) -- The Bush administration asked Congress for unchecked power to buy $700 billion in bad mortgage investments from U.S. financial companies in what would be an
Wait a bit longer to change mortgage (Detroit News) Q. We just purchased a home and moved in a month ago. We got an 80/20 loan. I've already been told that our mortgage will be sold within 60 to
Lennon Lyric, Memorabilia May Fetch $3.5 Million John Lennon memorabilia, including a handwritten lyric of the Beatles' song, ``All You Need is Love,'' will go on sale at London's Hippodrome for as much as 2 million pounds
National Debt Grows at a Million Dollars a Minute The national debt is expanding at the rate of about $1.4 billion dollars a day, nearly a million dollars a minute. via KTIV-TV Sioux City read more...
Pending real estate sales slide (Reg Req'd) Pending real estate sales slide National index down for fourth consecutive month A National Association of Realtors index based on pending sales of existing homes dipped 5.5 percent in December