Post-Katrina promises go unfulfilled
Federal recovery effort makes halting progress on the Gulf Coast Susan Walsh / AP file President Bush announced a lofty post-Katrina reconstruction plan in his Sept.
read more…
Mortgage Lending Soars (Sky News via Yahoo! UK & Ireland Finance) Mortgage lending soared to the second highest figure on record during November as the housing market continued to show signs of strengthening, figures have shown. A total of £28.5bn was
Mortgage equity withdrawal falls (BBC News) The amount of money people have borrowed against the value of their homes has fallen again.read more...
Housing bubble flying high It was only a matter of time. In April, California's median home price topped the half-million-dollar mark for the first time.via
Respondents agree with mortgage rate freeze (Asbury Park Press) A slight majority of those participating in an online poll agree with the federal government's decision to freeze subprime mortgage rates to help homeowners with spotty credit faced with an
Mortgage rates on the rise (CBC) The Royal Bank of Canada is raising its mortgage rates across the board, effective Wednesday. The hikes range up to a fifth of a percentage point and affect most of
Older Americans Can Find Financial Shelter at Home WASHINGTON - It seemed to Rowena Nesbitt a year ago that everything just kept going up. read more...