Bankrate 'Mortgage rates hit 26-month high' A basis point is one-hundredth of 1 percentage point. The mortgages in this week's survey had an average total of 0.32 discount and origination points.read more...
What exactly is a subprime mortgage? (Bankrate.com via Yahoo! Finance) There are conflicting accounts of the size of the subprime market. Depending on who you talk to, it accounts for 20 percent of all mortgage loans, 15 percent, 13.5
Couple in Trouble Over Tape read more...
Should You Buy Into a Community With a Homeowners' Association? Often, home buyers don't fully realize the trade-off they're making when they move into neighborhoods ruled by such organizations.
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Weekly mortgage rate survey Bankrate's weekly national survey shows where mortgage rates are -- and our analysis tells you why.via
Dollar Falls to Lowest in Two Months on U.S. Mortgage Concerns (Bloomberg.com) July 24 (Bloomberg) -- The dollar fell to the lowest in more than two months against the yen and weakened against 13 of the 16 most-active currencies on speculation subprime
Toll Brothers Inc., the nation’s largest builder of luxury homes, said Thursday that it expected its first-quarter home building revenue to fall by 19 percent, signaling that the housing market is likely to …
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