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Mortgage Approvals On The Rise (Ananova)  Mortgage approvals rose in October to its highest level in 17 months.read more...


Don't Let Your Home Be Underinsured  With the home improvement season upon us, there is no better time than now to review your homeowners insurance to make sure you have the coverage you need.read more...


Passing of New Mortgage Brokers Practices Act Protects Consumers (PR Newswire via Yahoo! Finance)   The Washington Association of Mortgage Brokers , the voice for Mortgage-related issues throughout the state of Washington, announced today that House Bill 2340 has been passed. In an effort


Philadelphia Works on Foreclosure Plan  Mortgage companies and consumer advocates in Philadelphia opened talks intended to achieve an agreement to allow thousands of cash-strapped homeowners in the city to avoid foreclosure.read more...


Old is new  It truly is a May-December romance: The marriage of old furniture and new spaces.read more...


Deutsche Bank posts first quarterly loss in five years  "We are equally determined to meet near-term challenges and to take advantage of longer-term opportunities" Germany's biggest bank, Deutsche Bank, posted its first quarterly loss in five years on

January 24th, 2007

Sales of New and Existing Homes Will Continue Their Slide in 2007

Existing-home sales will fall 8.1% this year while new-home sales will drop 7.1%, Fannie Mae says. The declines are largely due to investors pulling out of the housing market, the mortgage-finance company says.

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