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Homeowners eye nationwide markets to invest in more real estate  While many would-be homebuyers have been scared off by dire housing market predictions, Debbie Harris has taken out mortgages on five homes in the past 18 months.read more...


Fuel rises, not rates, are main concern  The federal consumer watchdog has reassured motorists that local petrol prices should fall once international pressures ease, as soaring fuel costs overtake interest rates as the top concern for households.read


Fryery teams with TV producer for new firm  "When they have a big name, it does a lot. Look at Chris Madden or Martha Stewart - people buy their products and want them. I would imagine (Fryery) will


Harford woman battles mortgage giant in court (Baltimore Sun)  When Paula Rush stepped forward in U.S. Bankruptcy Court in Delaware to allege that American Home Mortgage had allowed its affiliates to market risky loans aggressively and ignored obvious signs


UK mortgage lending slows slightly in April; approvals lowest since Sept 2005 Wednesday, May 31, 2006 8:50:26 AM (The Forex Market)  The central bank said net mortgage lending increased by 8.5 bln stg in April after rising by 8.9 bln stg in March. The reading is slightly below expectations for a


County sheriff pushes relief in mortgage crisis (Pittsburgh Post-Gazette)  Sheriff William P. Mullen last night offered hope -- and a plan -- to Allegheny County residents faced with losing their homes through mortgage foreclosure. ...read more...

July 31st, 2006

Levels of debt spiral to 68,000 per head

THE level of household debt has swollen to a massive 68,000 for every person in the country and is set to rise further with a new report forecasting the average price of a house will be 400,000 by the end of …

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