Beazley a high rates specialist: PM
PRIME Minister John Howard has dismissed Labor criticism of the Government’s handling of interest rates.
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BofA launches mortgage with insurance feature (bizjournals.com via Yahoo! Finance) Bank of America Corp. has launched a mortgage program exclusively for police officers, firefighters, teachers and medical workers.read more...
15 people charged in mortgage scheme (Daily Southtown) In what authorities say is a symptom of the excesses in the subprime mortgage market, 15 people have been charged with fraud involving at least nine homes valued at
Home makeover draws extreme crowd It was far from a typical home building day Saturday afternoon. Hundreds of people a hour marched down Arlene Avenue held back by a fence and security guards.read more...
Mortgage rates fall to mid-2005 level (Bankrate.com) Mortgage rates have dropped to their lowest levels since the summer of 2005, as more people become convinced that the economy is in a housing-led slowdown.read more...
Higher rate set to bite on loans "Clearly, this will impact on people's attitude to credit and we could see the tables turning on the credit culture." BUSINESSES and homeowners in North Wales are today grappling
Sales of New Homes Rise in November Sales of new homes rose in November while the backlog of unsold homes fell for a fourth straight month, providing hope that the serious slump in housing could be ending.Commentread