Buyers must adjust to changing real estate market
Don’t overlook defects, power of negotiation This new, more balanced, housing market calls for a new set of operating instructions for home buyers.
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Mortgage crisis widens at Accredited, HSBC, Lehman (Reuters via Yahoo! News) Fallout from the U.S. mortgage and credit crisis spread on Wednesday as Accredited Home Lenders Holding Co, HSBC Holdings Plc and Lehman Brothers Holdings Inc announced job cuts and
Mortgage applications climb (CNN Money) Mortgage application volume increased 1.3 percent in the past week, according to a report Wednesday.read more...
U.S. Senator Shelby Presents Measure to Tighten Fannie, Freddie Oversight U.S. Senate Banking Committee Chairman Richard Shelby introduced legislation today that would create a federal regulator with the authority to restrict the portfolios of Fannie Mae and Freddie Mac, the
Local housing also too expensive "It's hard to find. They're out there but they're not going to be in pristine condition" Buying or renting a home is becoming increasingly difficult for most Vermonters as
Families take out loans to meet mortgage and rental payments (Daily Telegraph) Rising mortgage and rental costs have forced 1.8 million to take out a personal loan in the past year, a report has found. By Harry Wallopread more...
Morgan Stanley cuts 1,000 mortgage jobs (AP via Yahoo! News) Morgan Stanley on Wednesday said it will cut 1,000 jobs as the nation's second-largest investment bank trims its residential mortgage operations amid the continued deterioration of the mortgage markets.read