Borough guarantees building's completion A $500,000 loan closed last week by Seneca Realty moves the Borough of Shippensburg into third position on the mortgage for the building under construction in the first block of
Mortgage rates climb as squeeze tightens (The Globe and Mail) The housing market is cooling, the stock market is reeling and to top it all off, consumers are now facing rising mortgage rates.read more...
Banks diverging on mortgages Banks are adopting different attitudes toward the overheated real estate markets, with some discouraging potential speculators by tightening mortgage loan provisions for people who own a home, and others luring
Brave Hearts Get Their Land Back On July 1, Basil and Charlotte Brave Heart successfully pulled the family's 720 acres out of the Bureau of Indian Affairs land-leasing program.read more...
Storm victims should be aware of scammers "While most contractors are honest and skilled workers, deceitful people may try to capitalize on damage caused by spring storms" Indiana Attorney General Steve Carter encourages Hoosiers to be
NAHB Creating Virtual Builders Back to School days are here, and now is the time to think about school supply shopping, new textbooks and, for some students, home building.read more...
The last four years will likely be remembered as a gilded age for anyone in real estate, especially mortgage bankers. But with interest rates rising, the industry is preparing for a slowdown that may prompt some lenders to merge with their competitors.
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