New Home Sales Plummet in February Sales of new homes plunged by the largest amount in nearly nine years in February while the median price of a new home dropped for the fourth straight month, providing
Mortgage analysis Each week Bankrate surveys mortgage rates around the country, and senior reporter Holden Lewis analyzes what the changes mean.read more...
M. Stanley sees growth in Russia mortgage unit (Reuters via Yahoo! Malaysia News) MOSCOW, June 4 - Morgan Stanley, which closed its mortgage business in Britain and slashed lending elsewhere, is still investing in its fast-growing Russian mortage bank, the bank's co-president was
American Home Mortgage Investment Corp. to Present at the Lehman Brothers Eighth Annual 2005 Financial Services (PR Newswire via Yahoo! Finance) American Home Mortgage Investment Corp. , a mortgage real estate investment trust , announced today that management is scheduled to present on Thursday, May 12, 2005 at 3:40 p.m.
Paulson wants mortgage help for large groups (Reuters via Yahoo! News) Treasury Secretary Henry Paulson, convinced individual workouts will not solve a worsening mortgage crisis, is pressing the industry to help large groups of borrowers qualify for more affordable loans.read
As Housing Market Slows, Rental Market Heats Up Bidding wars, once waged by prospective home buyers during the real-estate boom, may be moving to rental apartments -- the latest sign of a downward trend in home sales.read more...
OCEAN SPRINGS, Miss. – Like many homeowners around here, Janet Kisling owes a pile of debt on little more than a pile of debris. She has a $1,000-a-month mortgage on a home that is uninhabitable. For her and others along the Gulf Coast, December brings a cruel cut-off: It marks the end of an informal 90-day grace period that many lenders offered to Hurricane Katrina victims that let them put
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