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Las Vegas Housing Boom Is Over  Las Vegasas' home building boom is coming to an end and some local builders have started to lay off their employees.read more...


Fitch Rates FHASI $246.8MM Mortgage P-T Ctfs, Series 2005-6 (Business Wire via Yahoo! Finance)   Fitch rates First Horizon Asset Securities Inc. series 2005-6, mortgage pass-through certificates as follows:read more...


Four people plead guilty in mortgage fraud conspiracy  Four people accused of participating in a mortgage fraud conspiracy that stole millions of dollars and left a gated community in Arapahoe County ravaged by foreclosures pleaded guilty in federal


Nationwide cuts mortgage rates (Reuters via Yahoo! UK & Ireland News)  Nationwide, the country's third largest mortgage lender, is cutting the price of some of its fixed rate home loans as it vies to lure in new customers.read more...


Union Carpenters Picket Wawa's Villas Job Site  Members of Carpenters Local Union 1743 are picketing in front of a new Wawa store being constructed here with non-union labor.via


Firm helps do-it-yourself home sellers  Owners of a new business are billing themselves as a tool box for do-it-yourself home buyers and sellers.read more...

July 18th, 2006

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.

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