30-Year Loan Rates Rise to 5.91% Rates on 30-year mortgages jumped this week to the highest level in five months, reflecting financial market anxieties about inflation. read more...
Mortgage delinquencies, defaults spreading: AIG (Reuters via Yahoo! News) American International Group, one of the biggest U.S. mortgage lenders, warned on Thursday that mortgage defaults are spreading.read more...
15 minutes with... A love of decorating is evident in this Scottdale woman's house. Her unique sense of taste and style are apparent in every room.read more...
New Housing Thrives at Old Haunts DANVERS, Mass. -- In real estate, not even spooky trumps location. read more...
Direct Mortgage Corp. acquires Guaranty's lending business (Deseret Morning News) Utah-based Direct Mortgage Corp., a mortgage origination company, announced Wednesday that it has purchased Guaranty Bank's wholesale mortgage lending business.read more...
Raising the roof at record speed Generally, houses are offered to families who earn 30 to 50 percent of their area's median income.read more...
If you are a mortgage lender, you are almost by definition an optimist. And in the optimists’ view, the housing market is slowing ? not crashing ? as it decelerates to a saner, less frantic normality. “We feel like things are stabilized,” said Charles Richardson, senior vice president of Market Street Mortgage, a Florida firm with offices in Atlanta.
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