Paulson proposes tighter mortgage, credit rules (USA Today) Treasury Secretary Henry Paulson said Thursday that a presidential working group wants stronger regulatory oversight of mortgage lenders to avert the kind of credit crisis that is dragging the economy
Interest rate will be cut to 4... HOME OWNERS are set for a welcome financial boost, with experts predicting a cut in interest rates to 4.5 per cent.read more...
Industry tightens standards on 'no proof' loans Designer mortgage loans that don't require borrowers to prove how much money they earn or make downpayments are getting much of the blame for the wave of defaults racking the
Rates rise will price first-time buyers out PRESSURE on first-time buyers will increase significantly as ECB interest rates continue to rise.read more...
Stronger mortgage data props up pound vs dollar (Reuters via Yahoo! UK & Ireland News) Sterling steadied versus the dollar on Monday as news of growing mortgage approvals eased concerns about a potentially sharp slowdown in the housing market.read more...
Bubble trouble? (Reg Req'd) Metropolitan Phoenix's housing market is hotter than ever. Sales are up 20 percent from last year's record-breaking pace, and prices have climbed more than 40 percent in the past year.read
Finding your dream home is exciting, but in the real estate market, it pays to shelve your emotions and look at the facts.
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