30-year mortgage rates hit 7-month low (Fort Wayne Journal Gazette) WASHINGTON ? Rates on 30-year mortgages edged down last week to a seven-month low. Mortgage-giant Freddie Mac reported Thursday that 30-year, fixed-rate mortgages fell to 6.3 percent, down slightly from
Wall Street tunes into housing boom - or bubble Research reports written by Wall Street's top gurus used to focus mainly on price-earnings ratios, highflying stocks such as Google and bull and bear markets.read more...
Two found guilty in mortgage scam (New York Daily News) Two ringleaders of a multimillion-dollar mortgage scam are facing up to 30 years in prison and heavy fines and restitution after pleading guilty to bilking banks and fleecing foreclosure victims
Real estate taxation only a first-step effort The new tax on selling on houses does not mean the central government has stopped looking for ways to rein in rocketing house prices in some local property markets.via
IRS likely to audit home-office deductions A recent analysis of American commuting habits confirms what many weary workers already know: Commutes are getting longer.Commentread more...
Progress is good in construction of the Emergency Communications Building Construction on the new $7.7 million Emergency Communications Building is under budget and ahead of schedule.read more...
INDIVIDUAL LENDER RATES The mortgage interest rate list represents a sampling of rates as quoted by lenders in the Houston market on Friday. Rates, which may change on Monday, are for 90 percent loans and do not include origination fees. The numbers in parentheses after the rates are discount points. A point is equal to 1 percent of the loan amount
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