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Housing boom a bust for most middle-income residents  As the latest housing boom in the northern suburbs takes shape, a wealth of choices is turning up in older cities, riverfront towns and historic villages all over the lower


Royal Bank boosts dividend after Q3 profit jumps 20 per cent to $1.18 billion  Royal Bank boosted its quarterly dividend Friday after its third-quarter profit soared 20 per cent to a record-smashing $1.18 billion on revenue gains across all divisions.read more...


Home repossessions 'to soar by 25%'   Home repossessions will soar by almost a quarter this year as the credit crunch bites, a leading economic consultant has warned. via Channel 4 read more...


Mortgage applications bounce back (CNN Money)  U.S. mortgage applications rebounded last week from 4-year lows as mortgage rates slipped across the board, an industry trade group said Wednesday.read more...


Greenspan warns of strains in housing market  A sharp correction in US house prices is unlikely although the recent pace of house price inflation is unsustainable and strains are starting to show, Alan Greenspan said on Friday.via


Fitch Downgrades $4.9B in Mortgage Bonds (AP via Yahoo! Finance)   Fitch Ratings slashed its rating on at least $4.9 billion in mortgage bonds on Tuesday because the ratings agency assumes more home loans will not be repaid.read more...

September 14th, 2006

Marvin Stanford, of Charter Funding, a Personal Mortgage Planner and Home-buying Expert, Today Offered His Tips for (PR Web)

Buying a home vs. renting is a big decision that takes careful consideration, as most mortgage consultants will agree. But the rewards of home ownership are great. (PRWEB Sep 15, 2006)

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