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Lenders join shared equity scheme  Many families have been unable to keep up with rising house prices Three new lenders have joined the government's HomeBuy scheme, offering 20,000 shared equity mortgages.read more...


Where Mantle Plays On, and Ben Franklin Is a Rookie  All the regulars at the Baseball Card Dugout have nicknames. Steve Mendez works at Verizon, so he's Stevie Verizon.read more...


Bringing More Into the Fold (Reg Req'd)  Frankly, it's scary to head toward a place where I never planned to go. When I went into the real estate business about 2 1/2 years ago, I did not


Housing market down and out in '06   The final numbers are in, and 2006 was a year to forget for the Livingston County housing market.Commentread more...


GMAC Mortgage Unit Says Chief Financial Officer Has Resigned (Bloomberg.com)  March 23 (Bloomberg) -- GMAC LLC said the chief financial officer has resigned at its Residential Capital home mortgage division, where bad loans cut 2006 profit at part-owner General Motors


Goldman Building Market for Home Price Derivatives  Goldman Sachs is laying the foundation for a new market that will let investors trade in the $22-trillion U.S. residential property sector -- without a realtor.Commentread more...

September 25th, 2006

Refinancing follows falling mortgage rates

Falling U.S. mortgage rates are giving homeowners who financed residences with exotic loans a chance to refinance, an industry group says.
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