Treasure Valley Housing Boom Takes Toll on Rentals
It’s Idaho’s new gold rush. Homeowners are selling off their property and cashing in on rising values, but the bubble is emptying another housing market.
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Stubborn mortgage rates stay above 6% (Akron Beacon Journal) The Federal Reserve has aggressively cut interest rates. Houses are sitting around unsold. The stage appears to be set for mortgage rates to fall as lenders compete to attract that
Countrywide's Mozilo sees 'break-out year' for mortgage industry in 2008 Countrywide Financial Corp. CEO Angelo Mozilo outlined his expectations for the mortgage market over the next few years during an Oct.Commentread more...
Popular, Inc. Announces Closing of Infinity Mortgage Asset Acquisition Transaction (PR Newswire via Yahoo! Finance) Popular, Inc. announced the closing of a transaction to acquire substantially all of the assets of Infinity Mortgage Corporation, located in Parsippany, New Jersey.read more...
Protect Yourself Against Identity Theft when Buying and Selling a Home Real estate transactions consist of mountains of paperwork. Loan applications, purchase contracts, credit reports, disclosures, mortgages, W-9 forms and HUD/RESPA statements.read more...
Banks covet untapped market With their eyes on a potentially lucrative and untapped market, some Massachusetts lenders are granting home loans to undocumented immigrants.read more...