Types Of Bankruptcy

Foreign buying behind low U.S. rates, paper finds  Researchers have found that foreign buying of U.S. Treasurys accounts significantly for lower long-term interest rates, which have fueled the mortgage market, and for other consumer borrowing that's seemingly ...read


Tougher Rules Urged For Mortgage Lenders (CBS News)  Treasury Secretary Henry Paulson said stronger regulatory oversight of mortgage lenders is needed to avert a credit crisis. But Wall Street found little solace in his comments: the Dow Jones


Average Mortgage Rates (AP via Yahoo! News)   Average Mortgage Ratesvia


Essay Contest for Home Is Canceled  read more...


Rates on 30-year mortgages dip (Reg Req'd)  Rates on 30-year mortgages declined this week after posting increases for six consecutive weeks.read more...


Habitat, builders plan blitz this June  Professional home builders and Habitat for Humanity volunteers will build a house in one week this summer.read more...

January 27th, 2007

Builders Look for Housing To Recover in 2007

Home buyers have been backing out of sales contracts and forfeiting their down payments. Yet, cancellation rates should steady in the first quarter and taper off later in 2007, the chief executive of one of the nation’s largest home builders says.

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