JMP more cautious on home builders after earnings Analysts at JMP Securities on Friday grew more bearish on two home-building companies that reported quarterly earnings this week as more signs point to a slowdown in the U.S. housing
$1,300...$2,000...there goes your mortgage (CNN Money) Jemima and Ricardo Sanon, 30 and 29, saw the possibility of trouble before they ever signed their mortgage documents in 2004.read more...
Fixed mortgage rates decline (Chicago Sun-Times) Rates on 30-year mortgages sank this week to their lowest point in two months, a dose of good news for people thinking about buying a home. Freddie Mac, the mortgage
Growth means green The Main Street project, a $30 million mixed-use development under construction, will have 235 residential units, both for rent and for sale, and 25,000 square feet of retail space.read more...
Visitor Center Reopens A welcome sign for visitors and visitor center officials. This morning, the Pensacola Visitor Center reopened after being closed for more than seven months.via
Finding Bargains (and Headaches) at Foreclosure Sales IF rising interest rates cause more people to default on their adjustable-rate mortgages, investors could face a potential boon.read more...
The International Finance Corporation, the private sector arm of the World Bank Group, announced today that it will provide $50 million to BACS Banco de Crédito y Securitización S.A., Argentina?s private secondary mortgage market company.
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