Mortgage industry pledges response to troubled borrower requests within 45 days (Minneapolis-St. Paul Star Tribune) WASHINGTON - Mortgage companies are pledging to let troubled borrowers know whether they're approved for help within 45 days of receiving a homeowner's application.read more...
Housing Boom May End Quietly Unlike stock prices, the housing market cannot collapse in a few days. People can dump their stocks almost instantly, but it often takes months to sell a house.read more...
30-year mortgage rises 5th week in a row Americans feel confident about their futures ? more bullish than bond traders had expected. High spirits translate into higher mortgage rates.read more...
US Government takes over mortgage giants (AP via Yahoo! News) The Bush administration's seizure of troubled mortgage giants Fannie Mae and Freddie Mac is potentially a $200 billion bet that it will help reverse a prolonged housing and credit
Should You Wait To Pay Off a Mortgage? Why it's seldom a good idea to hold off on mortgage payments to play the investment field.via
HVBJ to start Ft 50 bln mortgage bond program (Budapest Business Journal) The new program follows another Ft 75 billion program that is just ending. HVBJ specializes in providing mortgage loans to buyers of new homes built with financing from HVBJ's parent,
Traditional Neighborhood Development has attracted growing numbers of American home buyers to their quaint, narrow streets. And unlike the first wave of these subdivisions, the new communities are concentrated in cities and on former industrial sites.
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