The mortgage broker boom
ZOBEL DELA CRUZ, who got her start in Hawaii’s residential real estate market in 1997 as a real estate agent, decided to hedge her bets two years ago and become a loan officer as well.
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Hawaii mortgage rates hit 6% (bizjournals.com via Yahoo! Finance) All major mortgage lenders in Hawaii hiked their 30-year fixed-rate home loan rates to 6 percent this week, the Honolulu Board of Realtors reported Friday.read more...
Short Course: Pledged-asset mortgage (Detroit News) A pledged-asset mortgage is a bit like buying a house "on margin." Borrowers put investments into an account that acts as collateral for a full mortgage.via
Sector Roundup: Chips, Mortgage Lenders (AP via Yahoo! Finance) Microchip stocks fell Friday on signs that the boom in consumer electronic sales may be coming to an end. NEW YORK -- Shares of mortgage lenders soared Friday after
Gateway plans undergo change The company designing the Gateway at Quonset Business Park is redesigning the building facades and addressing other resident concerns in time for a public hearing tonight.Commentread more...
What the good life costs A nice house, a good education for the kids, a summer place. Forbes looks at the American Dream in the Northeast.via
Buy home now or save for later? With rising house prices, it might be better to buy now, says Dr. Don.read more...