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Rate Trend Index -- Mortgages  Each week, Bankrate.com surveys experts to gauge which way interest rates are headed on mortgages -- a vital tool if you're about to buy a home.read more...


Nice rooms can be made with a shade  Nice rooms can be made with a shade By KNIGHT RIDDER NEWSS By now, if you have more than a passing interest in home-makeover shows and decor magazines, you know


To raise or not to raise?  DAILY NEWS BUSINESS EDITOR The Fed's announcement could be like a starter's gun to the markets today.read more...


Vertex inks £45m Deutsche Bank mortgage outsourcing deal (Finextra)  British BPO outfit Vertex Financial Services has won five year contract, worth around £45 million, to provide outsourced mortgage processing services to db mortgages, Deutsche Bank's new ...read more...


Business Highlights  It seemed like such a great idea: digitally shrink maps of major subway systems and put them online so people can download them to their iPods for free.read more...


Mortgage applications fall last week: MBA (Reuters via Yahoo! News)   U.S. mortgage applications fell last week, dragged down by a slump in home refinancings which hit a 16-month low as interest rates remained close to their highest levels this

July 24th, 2006

Existing home sales fall 1.3% in June

Sales of existing homes fell 1.3% in June to a seasonally adjusted annualized rate of 6.62 million, the National Association of Realtors said Tuesday.

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