Interest rate rise hits home buyers Housing affordability is set to plunge to its worst level for 15 years by the end of 2006 if interest rates are increased, figures have shown.read more...
Media Leaving Millions of American Homeowners Vulnerable to Unethical Lenders and Mortgage Brokers Said Consumer (PR Newswire via Yahoo! Finance) Everyday tens of thousands of homeowners across the country are devastated to find that their mortgage repayments have become unaffordable.read more...
J.P. Morgan profit more than triples on investment banking J.P. Morgan Chase & Co. said Wednesday its earnings more than tripled in the second quarter as strength in its investment-banking business offset weakness in mortgage servicing.read more...
Study warns 'American dream is fading' in Broward as affordable housing disappears Years of skyrocketing real estate prices and low-paying jobs have placed the American dream of home ownership out of reach for much of Broward County, the first-ever comprehensive study of
Report: Dallas has 2nd shortest home sales time 8:37 Am CT "Sellers continue to adjust their price expectations downward but not quickly enough to keep pace with declining demand" By STEVE BROWN / The Dallas Morning News stevebrown@dallasnews.com With the
Mortgage rates reach four-year high (bizjournals.com via Yahoo! Finance) Mortgage rates jumped significantly this week.read more...
A financial expert explains what the recent shakeup in the mortgage advice industry means to consumers.
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