Better to move or remodel?
I have been in my current home for 12 years and would like to get a newer home in a better neighborhood.
read more…
Courier News Online - Broker gets 5 years, ordered to pay in mortgage fraud (Bridgewater Courier News) TRENTON -- A former Somerset County-based mortgage broker has been sentenced to five years in prison and ordered to make nearly $200,000 in restitution after pleading guilty to stealing money
Mortgage crisis spreads beyond subprime loans (Denver Post) The credit crisis is no longer just a subprime mortgage problem. As home prices fall and banks tighten lending standards, people with good, or prime, credit histories are falling behind
Mortgage applications tumble 3% despite lower rates (Market Watch) WASHINGTON (MarketWatch) -- Applications for mortgage loans dropped last week by 3% compared to the prior week, as consumers shrugged at lower interest rates, the Mortgage Bankers Association reported Wednesday.
Fed boosts rate target another quarter point to 3% Still, Fed officials said they likely would continue to raise interest rates at a "measured" pace, suggesting the central bankers will maintain their slow-but-steady clip, unlikely to cause major disruptions
Dark skies ahead for mortgage industry (The State) NEW YORK ? In all phases of the mortgage industry this week, from the people who make the loans to the people who insure them, the news was
Rates hitting housing sector recovery The prospect of further interest rate rises was delaying the recovery of the residential building market, the housing industry's peak body said in a report.read more...