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Housing boom cooling  The real estate wave likely crested in 2005, economists say. Home sales nationwide for 2005 were on track to set a record for the fifth consecutive year, according to National


Utah Housing Prices Booming Once Again  Utah real estate may not be such a bad investment after all. The state now ranks 35th in home appreciation -- quite a feat considering Utah was in last place


Mortgage broker faces eight more charges (Minneapolis-St. Paul Star Tribune)  A mortgage broker already charged by Hennepin County as part of an alleged mortgage fraud ring now faces eight additional theft charges for earlier home loans.read more...


Homeowners expect mortgage to last to retirement (Reuters via Yahoo! UK & Ireland Finance)  Over a third of homeowners expect to have to work into retirement just to pay off their mortgage, according to a survey.read more...


Bankers panel sees Fed ending rate hikes soon  WASHINGTON - The U.S. Federal Reserve is likely to wrap up its campaign to boost interest rates by midyear at the latest as economic risks shift from inflation to slower


Muster Threatens to Quit  via

October 31st, 2006

Abbey ups mortgage limit to five times salary (Reuters via Yahoo! UK & Ireland News)

Abbey, the country’s second largest mortgage lender, has increased the amount it will typically lend borrowers to up to five times income, to help ailing first-time buyers.

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