Home prices set another record / Bay Area median reaches $622,000, up 3% from March
Bay Area home prices hit yet another record last month, though fewer properties sold than in April 2004.
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30-year mortgage rates up to 6.10%, highest in 15 months (USA Today) Rates on 30-year mortgages rose to 6.10% this week, the highest level in 15 months, while one-year adjustable rate mortgages climbed to the highest level in 4 years. Analysts expect
Experts surprise at FSA mortgage arrears plan (vnunet.com) AccountancyAge.com, What PC? , Thursday 7 August 2008 at 10:37:00 Lenders and advisers are surprised at FSA?s one-size-fits all arrears proposal for all
Hawaii mortgage rates ease to 6.25% (bizjournals.com via Yahoo! Finance) The two largest Hawaii banks and several other mortgage lenders have cut their rates for a 30-year home loan back down to 6.25 percent.read more...
Realtor with 2.5 percent commission and 28 percent capture rate in mortgages South Florida's real estate consumers are ready for broker commission discounts if the first year of a newly launched company from industry pioneer Glenn Cohen is any indicator.read more...
Tax Break Aimed At New Home Loans The mortgage-insurance deduction will help first-time home buyers who are unable to put down 20%. read more...
No mortgage for those with good credit? (The Charlotte Observer) The slowing flow of money for mortgage loans is starting to affect people with good jobs and good credit. Mortgage lenders are tightening standards as investors provide less money for