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Mortgage rates drop, snapping a 3-week climb (CNN Money)  Rates on 30-year fixed mortgages fell for the first time in three weeks after the Federal Reserve said last week that it expects inflation to level off, according to mortgage


Resisting Condos, Not Charm In Hendersonville, North Carolina  In this hamlet, locals so cherish their small-town image that they call it Hooterville, named after two fictional TV locales. Now, a proposed condo has residents spitting mad -- and


City-owned subdivision lots go on sale in July  Buyers get ready, the new lots at a proposed subdivision west of Golfview will be available for sale at the end of July, according to Britt City Clerk Jeanie Purvis.via


Lenders pull plug on fixed-rate mortgage quotes (Times Online Sunday)  Thousands of borrowers with fixed-rate mortgage quotes from some of Britain?s biggest lenders have been told that the figures are no longer valid after banks withdrew products in preparation for


LA Auto Show: Volkswagen Tiguan Concept  Click to enlarge Los Angeles marks the eagerly-awaited debut of the new Volkswagen Tiguan in "concept" form.Commentread more...


Two charged in mortgage fraud scam due in court today (Minneapolis-St. Paul Star Tribune)  Men face charges of theft by swindle and racketeering in connection with a home mortgage fraud scamread more...

May 26th, 2006

New and Existing Home Sales Point To Contradictory Conclusions

It all depends on who you ask and when you ask them. Two more housing surveys were released this week with very contrary results and it seems ever more clear that the housing market is either going to take a …

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