Home sales, prices may grow more slowly
A rise in mortgage interest rates is expected to slow down the U.S. housing market this year, resulting in a decline in the growth of home sales, price gains and new construction.
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Fed seen standing firm as mortgage pain worsens (AFP via Yahoo! News) The Federal Reserve is widely expected to keep US interest rates on hold at its meeting Tuesday despite increasing angst about America's troubled housing and mortgage markets, economists say.read
Vatican: No Gay Priests Unless They Prove Chastity The Vatican is reportedly set to release a document specifying how gay men need to prove their chastity before becoming priests.read more...
Mortgage lending down 19pc in Q1 : IBF (Ireland Business World) New figures have revealed a significant slowdown in new mortgage lending during the first quarter of the year. The figures were revealed in latest edition of the IBF/PwC Mortgage Market
ECC Capital posts losses (Reg Req'd) ECC Capital posts losses The Irvine real-estate investment trust reported a $38.7 million net loss for the second quarter.read more...
How to Make Your First Time a Charm The transition from renter to first-time homeowner is a major one. While today's real estate market has softened enough to provide buyers the luxury of selection, a first-time buyer
Getting the most out of CDs Use our calculator to figure out if you should cash in and re-invest, says Dr. Don.read more...