Housing Market to ‘Normalize’ in 2006
WASHINGTON, Jan. 10 /U.S. Newswire/—The key word for the housing market in 2006 is balance, with a return to a more normal rate of price growth, according to the National Association of Realtors .
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Cheap mortgage era ends with rate rise (Times Online) The Bank of England pushed ahead with a fifth rise in interest rates in less than a year yesterday, lifting borrowing costs to a six-year high just as millions more
Developers Have Grand Openings to Bring In More Prospects read more...
American Home Mortgage Files for Bankruptcy After Shut Down (Bloomberg.com) Aug. 6 (Bloomberg) -- American Home Mortgage Investment Corp. became the second-biggest residential lender to file for bankruptcy protection this year, adding to signs that late payments have spread to
ACT's The Letter 8 August 2005 The nation is in the phoney war between the dissolving of parliament and the opening of the campaign.read more...
Home lender Wells Fargo offers accelerated plan Mortgage lender Wells Fargo has added a feature to its award-winning online service called the Accelerated Ownership Plan.read more...
Seller-funded down payments called risky Practice of giving down payment money to buyers increases the chance of default and foreclosure, GAO study says.read more...