British regulator issues warning about subprime market "Poor sales practices in this market may lead to serious wider consequences" The Financial Services Authority says five unidentified firms face potential fines or other penalties after a review
Why refinancing makes sense That's surprising because refinancing is most appealing when rates are going down, not up.read more...
Trip to NZ to build a house Ashley Ault is asking for the community's help in raising money for a building trip to New Zealand at the end of the summer.read more...
Mortgage fallout troubles low-income housing plans (Columbia Daily Tribune) The mortgage mess that?s affected the general economy and the stock market might also derail some low-income housing projects approved in December by the Missouri Housing Development Commission.read more...
Housing market troubles still look 'pretty gruesome'; Sales forecasts down; builder struggles "We haven't seen the market bottom out and rebound yet, and when that happens will vary from market to market." The housing market blues showed no signs of lifting
Mortgage rates fall for fifth time in six weeks (Bankrate.com via Yahoo! Finance) The benchmark mortgage rate has fallen in five of the last six weeks, and home prices are falling, too.read more...
(ARA) – Many Americans are asking themselves what they should be doing in the wake of rising, and sometimes, fluctuating mortgage rates. It’s an important question because for many Americans their home equity represents the cornerstone of their personal wealth.
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