Mortgage snub rate leaps 60% (FT.com via Yahoo! News) The number of borrowers rejected by mortgage lenders has leapt in the past six months as it has become more difficult for financially insecure house buyers to borrow.read more...
Economists See Housing Slump Enduring Longer Than Expected The downturn will last at least through 2007 more experts predict. They blame a glut of homes for sale and growing caution among lenders.
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Dayton Police Bust Burglary Theft Ring Dayton police claim to have busted up a burglary ring targeting home construction sites.via
Elderly Main Target of Real Estate Fraud Retired seniors no longer paying a mortgage on their homes are among the primary targets of real estate fraud, according to a senior investigator with the district attorney's office.read more...
Construction Costs Could Come Down Developers say falling oil prices along with declining demand for residential construction is taking some of the pressure off commodities prices, making products necessary for home building - like asphalt,
Rating your mortgage lender (Market Watch) NEW YORK (MarketWatch) -- How do you annoy and irritate a homeowner? Sell their mortgage to a third (or fourth) party or outsource your customer service. That's according to a
In 1963, the year I was born, my father bought the house he still lives in today. Two floors, an attic and basement, 2,500 square feet of living space, a third of an acre, in an upper-middle class section of town … all for $6,500.
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