U.S. Home Construction Jumps; Fed Report Notes Cooling Signs Housing starts increased 3.4% in September and building permits rose 2.4%. The Fed's 'beige book' found rising prices nationwide, and policy makers suggested that more interest-rate increases are to come.read
Online mortgage map charts borrowers' distress (Milwaukee Journal Sentinel) A new online tool aimed at giving community groups and policy-makers a look at the hot spots in the nation's mortgage...read more...
Option ARMs carry risk The old saying is timeless: If it sounds too good to be true, it probably is. That's especially true for homebuyers who might receive mortgage loan offers in the mail
Changing cards can hurt credit score Every time you seek a new credit card, it's another credit inquiry, Dr. Don says.read more...
A scam is born every minute (Reg Req'd) There's a scam for every sucker. But Tom Robinson is no sucker. He wanted to make some quick cash for the Virginia Fire and Police Museum, which he oversees, so
Mortgage rates fall further (CNN Money) Mortgage rates fell across the board over the past week, mortgage finance firm Freddie Mac said Thursday, suggesting the housing market still has room to grow.via
The financial regulator has found “significant weaknesses” in checks by some mortgage brokers into customers seeking self-certified mortgages where no proof of income is required.
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