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Layoffs Rampant in the Mortgage Industry (NPR)  American Home Mortage filed for bankruptcy last month after falling victim to the weak housing market. Aimee Waltz, a loan officer who recently lost her job with American Home Mortgage,


Dealing with a used car abundance  When it comes to used cars, you'll find the highest concentration packed on the property at 2950 E. Main Street in Plainfield near the airport.read more...


Mortgage Lenders Analyzed For Bias (Washington Post)  About 200 lending institutions are under review by federal regulators to examine whether they make mortgage loans fairly or are discriminating against minorities by charging them higher rates.read more...


Ex-councilwoman sentenced to prison in mortgage fraud case (Jefferson City News Tribune)  KANSAS CITY, Mo. (AP) - A former Kansas City councilwoman was sentenced Friday to two months in prison and four months of home detention for mortgage fraud.read more...


Where the Deer Outnumber Delivery Drivers    When you live near Rock Creek Park and its abundance of deer, you forgo some rites of spring, such as coaxing tulip blooms. (Deer treat them as munchies.) read


Housing starts fall, prices contained  U.S. builders started work on the fewest houses in a year in March as rising mortgage rates and record inventories of unsold homes discouraged new projects.read more...

May 9th, 2006

For most of us, blips in mortgage rate no big deal (The Charlotte Observer)

Economists—and, I confess, home section columnists—go on and on about mortgage interest rates. Some readers are endlessly fascinated by every little jump and wobble. It’s up an eighth of a point? Aarrgh!

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