Households 10 per cent worse off than four years ago The average UK household is 10 per cent worse off now than it was four years ago as a result of rising mortgage costs and massive hikes in utility bills,
Two New Reports Show Housing Exuberance Is Waning Quarterly figures on existing home sales which include single family houses and condominium units trended downward for the second straight quarter during the first three months of 2006.read more...
SHA and NWCCOG offer 'My Community Mortgage' training (Summit Daily News) Summit Housing Authority and Northwest Colorado Council of Governments will offer "My Community Mortgage" training for lenders and brokers from 10 a.m. to noon on Wednesday, May 2, in the
Mortgage Stocks Fall as Poole Says Rates May Rise (Update2) (Bloomberg.com) Feb. 9 (Bloomberg) -- Shares of U.S. mortgage companies renewed their tumble today as St. Louis Federal Reserve Bank President William Poole said interest rates may rise and that lenders
Canada's resale housing market headed for its second-best year on record More Canadian homes were sold in the first quarter of this year than during the same period in 2004, but increases in prices and interest rates will cool the market
Texas Homeowner Turns Home Into a Rental When It Won't Sell An 'accidental' investor in Austin rides out a market dip and expects to earn over $100,000 in profit by selling a break-even investment property.read more...
Rising mortgage rates and selloffs by skittish real-estate investors have helped depress housing prices. But there’s another factor that many miss: the relationship between home prices and incomes.
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