Existing-home sales fall 5.7% in December, but set a record in ‘05
Existing-home sales fell 5.7% in December to a seasonally adjusted annual rate of 6.60 million from a rate of 7.00 million in November, according to a Jan.
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Snapshot of consumer economy makes grim reading The overall picture of the economy contains little good news for those hoping predictions of a coming recession are exaggerated, say credit experts Veda Advantage.read more...
Nontraditional Mortgages Popularity Rises The WaPo reports : Nontraditional Mortgages Don't Wane Under Warnings Despite concerns expressed by federal regulators about the growth of nontraditional mortgages, their popularity among borrowers continues to ...Commentread more...
Wells Fargo Extends Deferral Period for Mortgage Customers Impacted by Hurricane Katrina Wells Fargo announced today that it will make available at least an additional 90 days of deferred payments to its mortgage customers who have been affected and are in need
What You Call a Bedroom Might Not Be One You might doze off in the family room every night, but that won't make it a bedroom when it comes time to sell the house. read more...
30-Year Mortgage Rates Ease Slightly (Los Angeles Times) Rates on 30-year fixed-rate mortgages averaged 6.26% this week, their first drop in five weeks, mortgage company Freddie Mac said. That was down from last week's rate of 6.28%, which
Stainmaster & Vern Yip Offer Advice on Loft Decorating Celebrity designer and Stainmaster carpet spokesperson Vern Yip offers advice on how to use custom bound or serged carpet in difficult layouts, and turn loft spaces into homes.read more...