Calm holds as Fed handoff nears (Reg Req’d)
The changing of the guard at the Federal Reserve has historically been a volatile time for the financial markets.
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Mortgage rates hit 6-week low (Fort Wayne Journal Gazette) WASHINGTON ? Rates on 30-year mortgages fell last week to the lowest level in six weeks. The mortgage company Freddie Mac reported Thursday that 30-year, fixed-rate mortgages averaged 6.22?percent last
Home Prices Rose At a Record Pace in June Existing-home sales surged; median price saw the biggest increase in almost 25 years.read more...
Snapping Up Syracuse (Reg Req'd) Carlotta Brown, a 56-year-old mortgage loan officer from the Bronx, made her first trip to Syracuse in July.via
Lenders getting careless about preapprovals Washington -- A new national research study says that too many home buyers are kidding themselves and home sellers about a crucial step in the mortgage process: Growing numbers of
Existing-Home Sales Rise to Second Highest on Record, Says The N.A.R. Existing-home sales rose in August to the second-highest pace on record, with strong price gains in a market of tight supply, according to the National Association of Realtors.read more...
Former regional boss says Centex stiffed him on bonus, fired him when he complained The former head of Centex Corp.'s home building operations in Sacramento, Reno and the Bay Area has filed a lawsuit against the company, alleging it failed to pay $355,000 in