Home Sales Offer Encouraging Signs The number of new homes sold rose 2.8% in July, and June's results were revised upward. But groundbreakings by home builders fell to the lowest level in 10 years.
GM has best sales month in almost two decades General Motors Corp.'s Employee Discount for Everyone program drew throngs of car buyers to dealerships in June and increased GM's sales for the month by 41.1 percent, the automaker said
City OKs Plan to Speed Up Home Building The Bartlesville City Council on Monday approved a resolution that could result in up to 700 new homes being built in the city limits with private-public funds.read more...
J.D. Power and Associates Reports: USAA Ranks Highest in Customer Satisfaction With Primary Mortgage Servicing (PR Newswire via Yahoo! Finance) USAA Federal Savings Bank ranks highest in customer satisfaction with the servicing of mortgages, according to the J.D. Power and Associates 2006 Primary Mortgage Servicer Study released today.read more...
How do mortgage lenders get in trouble? They take big risks (USA Today) Q: How do mortgage companies like New Century Financial (NEW) lose money since they require 20% down from borrowers?read more...
Graduates homing in on a more positive perspective JENNIFER HILL GRADUATES are more optimistic about getting on the property ladder this year than last - with many looking towards partial ownership as the answer.read more...
Getting a new mortgage? Watch out. Mortgage brokers (even at banks) get paid on commission. As interest rates rise, they must become more creative to make a living. Many are honest, but there are plenty who won’t blink an eye at taking advantage of uninformed consumers. Don’t be one of them.
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