Long-Term Interest Rates Buck Conventional Wisdom The surest bet on Wall Street a year ago was that long-term interest rates would rise, boosting the cost of home mortgages and in general making credit tougher to get.via
FHA Calls for an End To Seller-Funded Down-Payment Charities What's wrong with down-payment "gift" programs in which all or most of a home buyer's equity stake comes from the seller, funneled through a third party? And why is
Bank Of America Wins Approval To Buy Countrywide The Federal Reserve has given approval for Bank of America Corp. to purchase distressed subprime mortgage lender Countrywide Financial Corp.The Fed board approved the deal in a 32-page order issued
Critics call for overhaul of program aimed at employing disabled For six years, Safeguard Maintenance had one of the best janitorial contracts that the federal government offers in downtown Washington.via
Defending strategy for buying locally (Reg Req'd) In last Sunday's Inquirer, Andrew Cassel takes a shallow view of Buy Local Philly, an initiative that could bring significant change to the Philadelphia region.via
H&R Block (HRB) sells its mortgage loan business, long-term downtrend looms large (Schaeffers Research) Selling a Chip Off the Old Block Tax preparation specialist H&R Block (HRB: sentiment, chart, options) announced this morning that it has agreed to sell the mortgage loan servicing business
The cost of living in the northern suburbs will drop a bit over the next few weeks, when homeowners receive property tax rebates that may be large enough to make half a mortgage payment for Hastings-on-Hudson …
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