First home buyers face wall INCENTIVES helped boost the number of loans taken out by first home buyers in the year to June, but activity is expected to slow in the year ahead, a survey
Delivery worker arrested in theft at store A driver for Federal Express was arrested after police said he picked up a package meant for delivery, then shoplifted a $4,000 antique rug. via Myrtle Beach Online read
Freddie loses $151M in 1Q, CEO says mortgage damage is manageable, housing bottom not hit (Canadian Business) Alan Zibel May 14, 2008 - 4:10 p.m. (AP) - Mortgage finance company Freddie Mac said Wednesday its first quarter loss widened to $151 million as the U.S. housing market
Slow Building of a Rescue Plan For Struggling Homeowners In April, little-known regulator Sheila Bair began pushing an idea to freeze interest rates for borrowers. Seven months later, Bush announced a deal to tackle the housing meltdown that looks
Mortgage rates decline for sixth straight week (Orange County Register) Mortgage rates fell slightly this week in Orange County ? their sixth consecutive weekly decline. The average rate on a 30-year fixed loan dipped to 6.341 percent with a fee
Some mortgage lenders to 5.125% (BizJournals) Downward pressure on mortgage lenders continued this week, with Finance Factors posting a 5.125 percent rate while others joined the crowd at 5.25 percent, the Honolulu Board of Realtors reported
Thinking of buying a new home in this softer market? Chances are your builder is going to try to sell you a mortgage. Builders have long encouraged their customers to use their mortgage affiliate for financing, and not just to make a little extra money.
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