Housing Bubble A 'Reasonable Side Effect': AG The Washington Post looks at the Fed chiefs' legacy. "Beverly Wilmore is bracing for the tuition bills about to start rolling in after her 19-year-old daughter starts at Towson University
Look to the Past For Solutions What kind of financing is possible for home buyers and sellers worried about rising mortgage rates, Wall Street bond-market jitters and soft home prices? read more...
As Mortgage Brokers Flounder, Consider Investing in Regional Banks (SeekingAlpha via Yahoo! Finance) Erik Dellith submits: The number of casualties from the reeling subprime mortgage market is growing and investors have become increasingly nervous about shares in the industry. Rather than avoid
Get scoop before going for reverse mortgage (Boston Herald) Want a reverse mortgage for extra cash? Beware that this is a high-cost loan with a balance that grows over time. You need no income to qualify, but you typically
Nationwide housing affordability hits 14-year low, pushed down by rising mortgage rates (San Diego Daily Transcript via Yahoo! News) Soaring house prices and higher mortgage rates have put homeownership out of reach for more people than at any time in more than a decade.read more...
Mortgage Rates Nearly at Four Year High (Fox News) Mortgage rates approached a four year high this week, which may weigh on consumers.read more...
FEBRUARY 15, 2006—Washington, D.C.—The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the week ending February 10. The Market Composite Index-a measure of mortgage loan application volume was 574.1- a decrease of 7.3 percent on a seasonally adjusted basis from 619.3 one week earlier.
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