Renovated homes are strongest sellers in N.O. market "We had such an uptick in valuation for so many years that we can have a drop and still have very healthy prices" The owner who walked away from
Proposals on Servicers Are Only a First Step In my last two articles, I examined the Federal Reserve Board's proposals for tightening mortgage underwriting requirements and for limiting mortgage broker charges to borrowers. These are long-standing regulatory
New home construction drops 29 percent LANSING - Construction of new houses plunged 29 percent last year in the tri-county area, mirroring a nationwide decline in the housing market.Commentread more...
Mortgage insurer defaults hit record (The Santa Rosa Press Democrat) Mortgage insurers saw defaults rise to a new monthly record in November, according to data published Monday by an industry trade group.read more...
Cost Of Financing American Dream Goes Up Rates on 30-year, fixed-rate mortgages shot to 6.43 percent this week from 6.35 percent last week -- the highest level since 6.44 percent during the week of Sept.read more...
U.S. mortgage applications surge in latest week: MBA (Reuters via Yahoo! News) U.S. mortgage applications rose sharply last week, fueled by a surge in home refinancing loans as interest rates sunk to their lowest levels in more than a year, an
The president?s tax-reform panel held its final meeting yesterday under a cloud of criticism from conservative tax activists as well as the real-estate industry, which fears that the panel?s plan to call for limiting the mortgage-interest tax deduction will be a huge economic blow.
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