The Home Front
Remodeling for resale not as profitable in ‘06 The resale profitability of home remodeling jobs dropped this year, according to an annual report from REALTOR and Remodeling magazines.
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Ahead of the Bell: Mortgage Lenders (AP via Yahoo! Finance) A Friedman Billings Ramsey analyst said Friday any benefit stocks of mortgage lenders will enjoy if the Federal Reserve cuts its interests rates this month will be temporary.read more...
Rates on 30-year mortgages increase Rates on 30-year mortgages, which had fallen for two weeks, resumed their increases this week.read more...
KKR Sells $5.1 Billion Mortgage Loans (AP via Yahoo! Finance) Specialty finance firm KKR Financial Holdings LLC said Wednesday it sold about $5.1 billion in residential mortgage loans as it continues to divest residential real estate assets.read more...
Schwarzenegger approves $1.75M for rent, mortgage payments (Fox 6 News San Diego) Governor Schwarzenegger has authorized one-point-seven-five (m) million dollars in emergency funding to help people affected by last month's freeze pay their rent, mortgage and utility bills.read more...
Home prices at snail's pace Both Colorado and the Denver area rank near the bottom of home appreciation, according to a federal, first-quarter report released on Thursday.read more...
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