Foreclosure rate rises in quarter
Mortgage foreclosures climbed in the spring as higher interest rates and energy prices made monthly payments harder for some homeowners.
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Jeremy Warner's Outlook: Only blue-chip householders need apply, Halifax tells new mortgage applicants (Independent) Now even Halifax, Britain's largest mortgage lender, is handing out the ration books. read more...
Mattress Giant Adds to Deer Creek North read more...
First home (Reg Req'd) This week's subject:Damian Mendoza, 47, president of a software-development company called Workgroup Solutions in Mission Viejo.via
Study: Mortgage Points Rarely Worth It (AP via Yahoo! Finance) A new report claims that borrowers tend to purchase too many points when selecting a mortgage -- and in the process end up paying more than they would have
Existing Home Sales Rise, Prices Fall Sales of existing homes posted a tiny increase in October, the first gain in eight months, but the median price of homes sold last month fell by a record amount.Commentread
Soaring energy prices boost Houston housing The national housing boom may be coming to an end, but Houston's is soaring, thanks to record energy prices.read more...