Rebound in approvals boosts home building
THE home construction industry is showing renewed strength, with building approvals bouncing back in November.
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Hawaii mortgage rates: 6.125% (bizjournals.com via Yahoo! Finance) Less than a month after cracking 6 percent, Hawaii mortgage rates have hit 6.125 percent with what appears to be continuing upward pressure.read more...
MediaMark: 10 Curious Things about Baby Boomers Baby Boomers are more likely than the general adult population to vote, play the lottery, remodel their home or live in a household that owns/leases at least three vehicles,
New building codes could drive costs (Reg Req'd) New statewide building codes could lead to higher costs for homebuyers and builders in Lafourche, Assumption and Terrebonne parishes but should result in more hurricane-resistant houses and lower insurance ...read
Suspected cases of mortgage fraud soar 35 percent (The Columbus Dispatch) WASHINGTON ? The oncebooming housing market and rising popularity of nontraditional home loans have produced an unwanted byproduct: a 35 percent increase in suspected mortgage fraud.read more...
When the house won't sell, sell the mortgage (Denver Post) Unable to sell her Aurora town home for what she owes on it, Judith Smith is looking for someone to take over her mortgage. read more...
Rate on 30-Year Fixed Mortgage Falls to 5.53% (Reg Req'd) NEW YORK - - Long-term mortgage rates fell during the past week, as worries about inflation remained muted, Freddie Mac, the congressionally chartered housing finance agency, said Thursday.via