New-Home Sales Rise 4.9% To Highest Level This Year Although economists expected a cooling as part of the general housing slowdown, April marked the second straight monthly gain in sales. The government cautions that its housing data are subject
Mortgage rates rise in back-to-back weeks (CBS Market Watch) CHICAGO (MarketWatch) - After falling in the immediate weeks following Hurricane Katrina, mortgage rates have now risen in consecutive weeks, back in line with Freddie Mac's projections for rates to
Blasting is unneighborly for Mineral Butte resident (Reg Req'd) Carl Holcombe The Arizona Republic Jun. 15, 2005 12:00 AM Living halfway up Mineral Butte was a blast for homeowner Ed O'Toole, until developers started setting off dynamite on an
Mortgage Counselors Cope With Unwelcome Boom (NPR) An impending foreclosure is a highly stressful situation -- certainly for the people that could lose a home, and sometimes for the people trying to help them. Richard Pittman, a
Ex-mortgage broker gets 54-month sentence (The Columbus Dispatch) A former Lewis Center mortgage broker will spend 54 months in prison for a scheme that left applicants owing more than they had borrowed.read more...
Fed weighs mortgage options (AP via Yahoo! News) Proof of income from borrowers. No penalties for early mortgage payments. And a guarantee that property taxes and insurance bills are covered.read more...
More than a million homeowners face higher monthly mortgage payments as lenders signalled an end to the era of cheap loans that has propped up the property market over the past five years….
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