First-time buyers left stranded as house prices rise by 11 per cent
Double-digit house price inflation has returned with a vengeance as asking prices hit a new high, according to figures published today.
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Mortgage rates follow home prices down (The Kansas City Star) The benchmark mortgage rate has fallen in five of the last six weeks, and home prices are falling as well.read more...
Regulators crack down on credit report schemes (Reg Req'd) Many consumers seeking a free copy of their credit report have gotten more than they didn't bargain for -- like hefty fees for unneeded services.read more...
Interest-only loans OK for the short term W ith prices still high and rates still low, more homeowners are opting to refinance their homes or take out equity loans and add on, rather than spend more to
Home Depot wins OK from city planners (Reg Req'd) The Moorpark Planning Commission will allow Home Depot to build a 137,000-square-foot home improvement store near what the planning chairman calls the "gateway to the city." The 4-1 vote Tuesday,
Analysts mixed, cautious on IndyMac Two analysts, cautious about the business outlook for the mortgage industry in 2006, downgraded IndyMac, while another said he favors the lender over its peers.read more...
Want to Steal A Home in Canada - It is Not Hard To Do In the United States, getting a steal on a home is buying it for under the market price.read more...