Mortgage volume decreases as rates rise; refinancings weak (Market Watch) CHICAGO (MarketWatch) -- The volume of mortgage applications decreased last week as interest rates continued to rise, the Mortgage Bankers Association reported Wednesday.
HFA Issues Bonds for Low-Rate Mortgage Loans for the First Time in Three Years (PR Newswire via Yahoo! Finance) The D.C. Housing Finance Agency's low-rate mortgage loans help bring down the cost of financing a home to a level attainable to many low- and moderate-income residents. With a
Investor finds her fulfillment helping others Note:This column appears Fridays on SF Gate and Sundays in the Chronicle. Ever since the mad, mad real estate market has become fuel for our twisted cultural id, we've been
Mortgage industry warns against interest rate rise (The West Australian) If interest rates rise by as much as half a percentage point this year 40 per cent of mortgagees will be in financial stress, the Mortgage Industry Association has warned.read
Subprime Debacle Traps Even Very Credit-Worthy As the number of subprime loans mushroomed an increasing proportion of them went to people with relatively good credit, according to an analysis by The Wall Street Journal.
Who Needs a Computer? Getting Home Values Via Cell Phone Housefront.com offers sales and price data via text message to house hunters, homeowners or even nosy neighbors. But some folks might not be pleased to see their name and how
WASHINGTON (MarketWatch)—Consumers had greater trouble meeting their mortgage obligations in the fourth quarter, as borrowers faced higher energy prices, interest rates and continuing difficulties from Hurricane Katrina, a mortgage bankers’ group said Thursday.
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