Demand for Option ARMS Drops As Short-Term Interest Rates Rise
The popularity of option adjustable-rate mortgages the cheap financing that helped pump up the housing boom, has fallen.
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Immigrant Family's Quest Ends in Tragedy The search for the missing mother of four dead children could expand to other countries, authorities said, as a portrait emerged Wednesday of an immigrant family struggling to live the
County will open new jail Yakima County will test drive its new jail, likely beginning in October, while officials try to determine its future and that of the entire jail system.read more...
Business Briefing Fannie Mae calls for drop in sales Mortgage finance company Fannie Mae predicted Tuesday that U.S. home sales are set to decline by as much as 10 percent
City Approves Post Office Lease The City of Des Plaines approved a contract this week with Charter Construction Company to build out a downtown post office facility for $222,546. The U.S. Post Office is leasing
Falvey's general manager: Car buyers unconcerned NORWICH-- In his 40 years at Falvey's Motors on West Main Street, general manager Leo Labbe Jr.read more...
U.S. MBA's Mortgage Applications Index Fell 7.9% Last Week (Bloomberg.com) Oct. 26 (Bloomberg) -- U.S. mortgage applications fell last week to the lowest level since April, reflecting fewer home purchases and less refinancing, a private group's survey showed today.read more...