Real estate notebook
Rates on 30-year mortgages fell for a sixth straight week, dropping to the lowest level in three months, according to a weekly survey released Thursday.
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Zero Cost Conversions become New Option for Credit Line Borrowers Monday, 25 September 2006 When the Federal Reserve decided to leave short-term interest rates unchanged, consumers with floating-rate home equity lines avoided a pinprick of pain they've gotten used to.Commentread
Ranch in style, but Zen in spirit DEBORAH FURLAN saw something in the ramshackle ranch-style house off a busy street in Toluca Lake: a Japanese-inspired oasis with a soaring glass entrance.read more...
First-time buyers may face huge tax bill First-time house buyers who have benefited from financial help from parents could face huge tax bills as the Revenue clamps down on Stamp Duty.via
Pa. Senate bill targets home-improvement scams "In many cases, scam operators promise to make repairs and leave town after they receive a deposit" The state Senate approved legislation Tuesday designed to crack down on home-improvement
The Fed: Fed has tools to respond to home-price drop: Mishkin "Monetary authorities have the tools to limit the negative effects on the economy from a house-price decline" The Federal Reserve has the tools it needs to respond to any
Mortgage approvals suggest steady market (Times Online) Mortgage approvals grew at a modest pace in September, the British Bankers' Association reported today, suggesting the housing market remains stable ahead of an expected rate hike next month....read more...