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Katrina victims find a new home  Would you like to apply or volunteer? Since 1984, Habitat for Humanity has provided nine Zanesville families with a place to live.read more...


US mortgage applications rise again (ShareCast via Yahoo! UK & Ireland Finance)  US mortgage applications climbed last week, the third increase in a row, hitting their highest level since April as more homeowners refinanced following a recent cut in borrowing costs.read more...


FHA Must Be Reformed: NAR to Congress   The Federal Housing Administration must change to reflect consumer needs and demands, and provide many borrowers with a safer alternative to riskier mortgage products that are on the market


Mortgage bailout could put nation's credit rating at risk, report says (St. Louis Post-Dispatch)  WASHINGTON (AP) -- A deep recession could force mortgage-finance titans Fannie Mae and Freddie Mac to require a federal bailout large enough to hurt the U.S. government's top-grade credit rating,


Wells Fargo's online brokerage to offer more free trades  Wells Fargo & Co. on Tuesday became the latest big bank to undercut online stock brokers with a new incentive package that promises to waive Internet trading fees for more


BMo to cut 1,000 jobs in streamlining to become more efficient  Bank of Montreal is cutting 1,000 jobs as it streamlines operations and refocuses efforts to increase sales, improve customer service and boost its bottom line after one of its most

August 31st, 2006

Stable mortgage rates affect refinancing but rarely encourage unsure homebuyers (The Daily News Transcript)

Mortgage rates have stabilized. The Fed didn?t raise rates at its last meeting. First-time buyers, who have, as real estate professionals say, been “sitting on the fence” before making their purchase, will now leap at the chance to get a fixed rate.

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