Market tests new homebuyers Home renovators. Jeremy and Stephanie Crowder bought a 50-year-old, 1,300-square-foot, three-bedroom home in Cocoa in 2003 for $56,000. The home has needed more than $20,000 in repairs and upgrades.read more...
Washington Mutual cuts 1,200 jobs amid mortgage crisis (USA Today) Washington Mutual Corp. is cutting 1,200 jobs nationwide. The country's largest thrift, hit hard by turmoil in the mortgage and credit markets, said Thursday, that some layoffs will be in
Housing nightmare tarnishes the American dream CHICAGO - Jillayne Schlicke's father used to tell her that mortgage banking was the "highest calling of all" because it involved helping people live the American dream of homeownership."I learned
Mortgage rates decline on employment report (Contra Costa Times) Rates on 30-year mortgages edged down this week, the first decline after six straight increases, according to a nationwide survey. Mortgage giant Freddie Mac reported Thursday that rates on 30-year
E*Trade Cuts Earnings Estimate 25% on Mortgage Losses (Update3) (Bloomberg.com) Sept. 17 (Bloomberg) -- E*Trade Financial Corp., this year's worst performer in the Amex Securities Broker-Dealer Index, cut its 2007 profit forecast by at least 25 percent because of bad
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Cadillac News Barry Fall, right, an associate broker with Greater North Properties, shows a house in the Pine Knoll subdivision to Derek Dennis of Great Lakes Property and Construction.
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