FOX 11 Investigates: Mortgage Scheme (2nd Update) (FOX 11 News Los Angeles) Just like the housing crisis, the case against a man accused in a real estate fraud keeps getting bigger. Now, we have an update to a FOX 11 Investigation on
Rate Trend Index -- Mortgages Each week, Bankrate.com surveys experts to gauge which way interest rates are headed on mortgages -- a vital tool if you're about to buy a home.read more...
Schumer Mortgage Plan (New York Times) Senator Charles E. Schumer proposed on Monday that two government-sponsored mortgage giants be allowed to increase their role in the home loan market.read more...
Loss-hit Merrill dumps mortgage debt, raises new capital (AFP via Yahoo! News) Wall Street titan Merrill Lynch announced it was dumping billions of dollars of mortgage debt at a steep loss and raising 8.5 billion in new capital, as the US
Bankrate: Mortgage Rates Hit 2 1/2 Year High (PR Newswire via Yahoo! Finance) Mortgage rates jumped to the highest point since Sept. 2003, with the average 30-year fixed rate mortgage reaching 6.45 percent, according to Bankrate.com's weekly national survey of large lenders.read
Number of Unsold Homes Hits Record High Number of Unsold Homes Hits Record High By MARTIN CRUTSINGER AP Economics Writer WASHINGTON -- The backlog of unsold new homes reached a record level last month, as sales slipped
From Reuters: Housing starts, permits dip; still strong The pace of U.S. housing construction slowed in February as permits, starts and completions fell, the government said on Thursday in a report pointing to …
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