Mortgage lenders warned by UK watchdog (FT.com via Yahoo! News) Mortgage lenders were warned by the City watchdog on Tuesday to batten down the hatches and brace for "very difficult" market conditions next year as at least 1.4m homeowners
Consumer inflation raises hopes on interest rates Consumer inflation surprisingly slowed in October after food price inflation moderated, raising hopes that the Reserve Bank would not spoil year-end parties by hiking interest rates next month.read more...
Habitat to Launch ReStore Home Supply with Recycling Grant Money A $35,110 recycling grant will allow Monongalia County Habitat for Humanity to begin a unique recycling program -- for home remodeling supplies.Commentread more...
Fannie working on mortgage plan (AP via Yahoo! News) Fannie Mae will allow more struggling homeowners to sell their homes for less than they owe on their mortgages in a gambit that could hit the mortgage finance company
Chat Plus Real estate editor Maryann Haggerty and columnist Elizabeth Razzi respond to a question adapted from a recent online chat.
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Real estate 'bubble' won't burst in Midland A Midland real estate broker said the bursting "bubble" in home pricing that's hit the East and West Coasts isn't likely to happen here.read more...
WASHINGTON - Responding to sharp criticism of its initial proposal to slash the tax deduction for home-mortgage interest, President Bush’s tax-restructuring panel offered a revised and final plan Tuesday to increase its proposed cap on the write-off by 25 percent.
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