Construction Spending Rises in August Spending on construction projects unexpectedly edged up in August as the best gain in nonresidential activity in 11 months offset another big decline in home building.Commentread more...
Eurozone bond yields hit 15-month high US Treasury bonds were sharply lower on Wednesday as the market focused on today's testimony by Alan Greenspan, chairman of the Federal Reserve, and tomorrow's key monthly employment report.read more...
Contract Cancellation Clues If you are demonstrating and executing contracts in the consumer's home, you have to make sure you do a number of things required by the Federal Trade Commission: Provide the
Mortgage fraud rises alarmingly (The Record) Mortgage lender First Financial Equities of Teaneck made three refinance loans totaling $613,800 in 1999 to a customer who put up three housing units in Spring Valley, N.Y., as collateral.read
Tokyo Stocks Open Slightly Lower Associated Press Tokyo Stocks Open Slightly Lower 05.15.2005, 09:19 PM Tokyo stocks opened slightly lower on Monday following Wall Street's decline last week.via
A few bad apples spoil the rates Mortgages are suffering from a bad reputation, and that led to an increase in fixed rates this week. That's the theory, anyway.read more...
MORTGAGE TERMS YOU SHOULD KNOW Mortgagor: The borrower. Mortgagee: The lender. ARM (Adjustable rate mortgage): A loan in which the interest rate may fluctuate, increasing or decreasing, during the course of the loan.
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