Consumer Inflation Moderates in April "The crisis in the subprime market has infected other parts of the mortgage market as well as consumer psychology and as a result the housing outlook has deteriorated" Consumer
Hybrids on Minds of Car Buyers Keeping hybrids on the lot has been an uphill battle for local dealers. Barry Merrill, Grand Ledge Ford: "W e sell them as quickly as we get hem.read more...
Mortgage Investors Worry Over Treasurys (AP via Yahoo! Finance) With a recent strong rally in Treasury bonds, mortgage bond investors are shedding some of their holdings in anticipation of heavier selling yet to come.read more...
Mortgage defaults rise with debt load (The News Journal) Gordon Clark feels like his home is slipping out of his grasp.read more...
Mortgage deduction on block? (San Francisco Chronicle) President Bush's Advisory Panel on Federal Tax Reform is likely to propose next week a change in the deduction for home-mortgage interest that, if adopted by Congress, would have a
Mortgage crisis hits Los Angeles (Radio Netherlands) The American Dream is turning into a nightmare for many home-owners who are forced to sell their property as mortgage tariffs are increased. Bargain
According to Freddie Mac, mortgage rates declined slightly this week on hopes of a coming halt to rate hikes.
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