New housing down substantially as mortgage rates rise (Lincoln Journal Star)
Home construction plunged 5.6 percent in October, providing dramatic evidence that rising mortgage rates are beginning to dampen the housing boom.
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Australia Mortgages Rise Despite Cooling Property Market: Index (Asia Pulse via Yahoo! Australia & NZ News) The average home mortgage has increased 30 per cent over the past three years, despite the cooling Australian property market, an index shows.read more...
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Wachovia Securities expands mortgage services in UK, Germany (Birmingham Business Journal) Wachovia Securities says its real estate capital markets group will begin delivering commercial mortgage loan and repurchase-agreement finance products in the United Kingdom and Germany.read more...
Polk Cities, Developers Clash Over Installing Sidewalks read more...
Does Fed cut mean lower mortgage rates? The Federal Reserve cut the target for the federal funds rate by a quarter-point this week, but what that means for mortgages is uncertain.read more...
Home Depot appeals Stamford rejection "Local zoning authorities . . . are given deference by the courts when they're reviewed, either in interpreting their regulations or in changing them, because it is a legislative act"