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Mortgage Default Notices Soar 67%  As the housing boom fades, a rising number of Californians are struggling to hold on to their homes.read more...


Complaints against builder illustrate agency's problems (Reg Req'd)  After moving into new homes, many Texas homeowners have just one goal in mind: to sue their builders.via


Haven Airport Idea May Seem Grand, But the Pilots Don't Care for It  via


HSBC pays $1.1B to double Ping An stake  HSBC Insurance Holdings Ltd will pay HK$8.1 billion to double its 9.91% stake in Ping An Insurance Co of China Ltd, HSBC said Monday.via


No meeting Martha, but trip was a good thing  "The warm-up guy interviewed me, but it wasn't on the air." Mary Birkmeyer's winning essay on how the queen of home decorating inspires her daily life did not, after


Real-Estate Slowdown Causes Condo Conversion Aversion  As housing-price appreciation cools in once-hot markets apartments once converted to more lucrative condominiums are being reverted to rentals. In some cases, developers are selling and renting in the same

August 9th, 2006

Mortgage Rates Dip for 3rd Week (KiplingerForecasts.com)

Mortgage rates around the country dipped for a third week in a row, pushing 30-year mortgages to their lowest level since April. Mortgage giant Freddie Mac said Thursday that 30-year, fixed-rate mortgages fell to 6.55 percent this week, down from 6.63 percent last week.

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