Rising mortgage rates: What's a buyer to do? (USA Today) For perspective on recent increases in mortgage rates, it's instructive to chat with folks who bought a home in 1982.read more...
Home Depot to pay $3.2B for Hughes Supply The Home Depot Inc., the nation's largest home improvement store chain, said Tuesday it will buy Hughes Supply Inc., a distributor of construction, repair and maintenance products, for about $3.2
Titles to Houses under Redevelopment or Reconstruction to be Recognized as Homes from 2006 Starting 2006, the title to an apartment under redevelopment or reconstruction will also be considered as a house, when defining an owner of multiple homes.read more...
Low-paid workers miss out The KiwiSaver scheme, a highlight of this week's Budget, seems little better than a cynical PR ploy, the Alliance says.via
Wachovia grows commercial mortgage-backed securities business (BizJournals) While continuing to be an active lender for high-rise condominiums, Wachovia Corp. also is becoming the top player in commercial mortgage-backed securities.read more...
Mortgage dropoff may mean layoffs (BizJournals) NORTHEAST FLORIDA -- As loan volume decreases, layoffs may increase at mortgage companies and local offices could be affected.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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