Housing market softens
Is this what a housing bust looks like? New home prices fell last month by the largest amount in 35 years and owners are being warned to brace for further declines, especially in formerly hot markets.
Comment
read more…
Nationwide profits rise as lending jumps "This is a transaction that's about commitment to mutuality. It's giving us greater scale and reach and more ability to compete with the banks" Nationwide , the country's largest
Choosing a home-improvement contractor Choosing a home-improvement contractor Eliminate guesswork by consulting recent customers, Web resources A friend of mine is struggling to get a painting company she hired straight out of a
Mortgage broker faces further fraud charges (Newsday) The case against the man charged with being a rogue mortgage broker picked up steam yesterday, as the suspect was charged with scamming another man's identity, buying two homes in
10-year Treasury notes above 5% The yield on the 10-year Treasury note closed Thursday above 5 percent for the first time since June 2002, signaling higher interest rates on mortgages, corporate bonds and other forms
Bush and Fed Step Toward a Mortgage Rescue (NYTimes.com via Yahoo! Finance) The Bush administration and the Federal Reserve are inching closer toward a government rescue of distressed homeowners and mortgage lenders.read more...
Lenders' Workout Programs Offer Help for Borrowers in Trouble Whether it's from a job loss, medical emergency mortgage-payment hike or simply personal-finance mismanagement, a small but growing number of homeowners are falling into foreclosure every year.read more...