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Rates mixed in weekly Treasury auction  Interest rates on short-term Treasury bills were mixed in Monday's auction with three-month bills rising to the highest level in five years while the rate on six-month bills edged down


Expo offers a variety of ideas  It is expected to be the "candy store" for those interested in building a new home or remodeling a current one.read more...


'Smart homes' push the tech envelope  The home-building industry has made great strides overall toward so-called "smart homes" -- but progress is measured in many small steps.Commentread more...


Is This Tenant on the Hook?   Q My landlord hasn't been paying his condo fees, and now the association is suing him. Much to my surprise, I'm also listed as a defendant. The complaint says I'm


Linder statement regarding the release of the President's Advisory...  Today, Congressman John Linder made the following statement regarding the release of the President's Advisory Panel on Federal Tax Reform recommendations: "The Mack-Breaux Tax Reform Commission announced its ...read more...


Lenders push envelope to get more biz  With the housing market cooling and loan demand shrinking, banks and other lenders are turning to nontraditional and sometimes riskier mortgages to bring in more business and make up their

June 28th, 2006

May mortgage lending highest in 2-1/2 years

Mortgage lending surged to its highest in 2-1/2 years in May, at 9.304 billion pounds, the Bank of England said on Thursday, in a further sign the nation’s housing market is in robust form.

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