Follow the condos
When Doug Duncan, chief economist of the Mortgage Bankers Association, wants to get a forward peek at housing prices he looks at condos.
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Home decorating center applies thick coats of service Owners: Dan and Alison Rosebrough When business started: 1972 Location: 1815 E. Seminole St.read more...
30-year mortgage rates rise after steady decline (Contra Costa Times) Rates on 30-year mortgages, after falling steadily for a month, edged up slightly this week but still remained well below the levels of a year ago. Mortgage giant Freddie Mac
Fed's Poole says no need for emergency rate cut "I have not changed fundamentally my outlook" St. Louis Federal Reserve Bank President William Poole said on Wednesday financial market turmoil had not undermined the U.S. economy and there
Banks may swap up to 90 billion pound mortgage assets (Reuters via Yahoo! UK & Ireland News) Britain's biggest banks are preparing to swap between 80 billion and 90 billion pounds of mortgage-backed assets for Bank of England Treasury bills, nearly twice what the central bank envisaged
GMAC posts loss on mortgage woes (Reuters via Yahoo! News) Finance company GMAC said on Tuesday its first-quarter loss nearly doubled as more customers fell behind on mortgage payments, and warned that it might not be profitable until well
Gov't Has Plan to Ease Capital Collars The government is loosening capital restraints on Fannie Mae and Freddie Mac so that the mortgage-finance companies can expand their roles in the stricken housing market.The Office of Federal