Tax rebate urged to offset bills
As energy costs, mortgage rates and property taxes soar through the roof, Long Island homeowners may soon receive a check from Albany to ease their financial woes.
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Mortgage Applications Slump as Interest Rates Rise (Fox News) Mortgage application activity dipped last week as refinancing demand dipped and interest rates rose.read more...
HSBC Holdings warns about bad loans Shares of HSBC Holdings PLC fell Thursday after Europe's largest bank by market capitalization said it is raising provisions for bad loans by 20 percent higher than the market had
Lenders look to minorities, immigrants, baby boomers Faced with an expected drop in mortgage lending because of higher interest rates, mortgage bankers say they have a few consumers they'll court more aggressively - home owners with adjustable-rate
Schools, builders still at standoff over fees Merced County's schools and developers are still at loggerheads over how much home builders should chip in to cover the costs of new educational facilities.read more...
Meeting in Phila. to prevent mortgage foreclosures (Philly.com) Philadelphia judges, homeowner advocates, and attorneys for lenders are scheduled to meet again today to continue forging a plan to prevent mortgage foreclosures on owner-occupied houses.read more...
Worried Sellers Splurge On Home Renovations With the housing market continuing to weaken many sellers are going beyond the usual cleaning, painting and "staging" with flowers and pillows, by taking on big-ticket projects. read