Wall Street tilts to lower open ahead of data Wall Street tilted toward a lower open Friday as investors awaited a report on existing home sales and adjusted their portfolios before the three-day holiday weekend.read more...
Put a Lid on Rising Mortgage Payments (Harrisburg Daily Register) (ARA) - Do you have a balloon mortgage that is coming due or an adjustable rate mortgage payment that has been steadily creeping up as interest rates change?read more...
Kennedy Wilson Funds Acquire $100M of... The largest of the lot is a 107,644-sf office building at 9701 Wilshire Boulevard, one block from its corporate office, for which it paid $51 million.read more...
Mortgage rates down again; could dip more Rates on 30-year mortgages declined for a third consecutive week as bond investors worried that Hurricane Katrina and soaring energy prices will slow the economy.read more...
Sara Clemence On Real Estate (Forbes) A serious uptick in mortgage rates will bring the property party to an end.read more...
NH banking dept., mortgage company reach agreement (Boston Globe) A mortgage company that does business in New Hampshire, Maine and Massachusetts agreed to pay $425,000 as part of a settlement announced Monday by New Hampshire banking regulators.read more...
Hoping to ride a new wave of profits as the mortgage boom winds down, lenders have changed course and are targeting borrowers with adjustable-rate mortgages and encouraging them to refinance into fixed-rate loans.
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