Building of new houses plunges
Housing construction plummeted by 17.6 percent last month—the most in 14 years—as rising interest rates and gloomy weather took their toll on the red-hot real estate market, the Commerce Department …
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Mortgage firm begins to cut its operations (Everett Herald) NEW YORK - American Home Mortgage Investment Corp., which raised fears this week that it may become insolvent, said Thursday it has stopped taking mortgage applications and is cutting most
9th Circuit panel overturns part of ruling against contractor (Reg Req'd) Washington state cannot favor minority-owned businesses in awarding road-building contracts because it hasn't proven that minority contractors have experienced discrimination, a three-judge panel of the 9th ...via
European shares rise but Frankfurt held back by Egypt terror attacks European stock markets rose, but German travel stocks took a hit from the deadly terror attacks in Egypt, while the Paris market focused on news over French dairy group Danone.read
Confused by all the Mortgage Options? Here's Help (Stuttgart Daily Leader) (ARA) - Fixed rate. Adjustable rate. Interest Only. Flex. All of the different types of home loans that are available these days can puzzle many homebuyers. But, say mortgage experts,
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Report targets mortgage interest tax write-off (San Jose Mercury News) Responding to sharp criticism of plans to slash the deductibility of home mortgage interest, President Bush's tax-reform panel increased its proposed cap on the write-off by 25 percent in the