Mortgage applications up last week (USA Today)
Mortgage applications rose last week, reflecting an increase in loan refinancing, as interest rates surged to a three-month high, an industry trade group said Wednesday.
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New Home Sales Down Sales of new homes dropped in July by the largest amount since February while the inventory of unsold homes climbed to a record high.read more...
UK mortgage lending up in November (Ireland Business World) UK mortgage approvals rose further during November, reaching their highest level in five months as mortgage lending reached a record high, a leading industry group said.read more...
Middle Class Drowning In Debt Middle-class families are "drowning in debt" because of the increasing costs of housing, education, and cars, according to a new report by the Center for American Progress.read more...
Lenders Promise to Speed Notice on Mortgage Help (NYTimes.com via Yahoo! Finance) Mortgage companies are pledging to let troubled borrowers know whether they are approved for help within 45 days of receiving a homeowner?s application.read more...
Google sees Web search less exposed to mortgage woes (Reuters via Yahoo! News) U.S. mortgage lenders are cutting advertising budgets due to a global credit squeeze, but they are not likely to reduce Internet search marketing anytime soon, executives at search leader
Property taxes trip up naive homeowners Property taxes can add up to a hefty amount for homebuyers. It pays to know how they are calculated, and what to do to prepare for them.read more...