Mortgage rates climb on Fed rate worries (AP via Yahoo! News) Mortgage rates rose this week with 30-year mortgages climbing to the highest level in more than four years on investor fears about inflation.read more...
Web-Based Maps Provide Data for Investors, Home Buyers Several initiatives across the U.S. use new mapping technology to open up troves of government data. These applications could potentially help people decide where to live and assess development projects
Lenders' profitability still fragile: BOK Despite a significant turnaround in profitability, domestic banks' profit structure is still shaky as hefty profits they made this year were driven mainly by non-operating incomes such as one-time gains
Is Edwards selling the issues or himself? "Bennett has been exposed as a humbug artist who ought to be pelted off the public stage." There's a little hustler in every politician. But sometimes there's a little
Where Vacation-Home Buyers Are Buying and Where They Aren't In this week's survey of news from the Web Open House looks at why alumni and retirees are making purchases in 'Happy Valley,' an East Coast beach town that's losing
U.S. home sales forecast revised downward U.S. existing-home sales will fall a downwardly revised 2.2 percent this year and new-home sales will plunge 14.2 percent, a real estate trade group said. via UPI read more...
The Markets U.S. stocks fell, completing their biggest weekly decline this year, as concern mortgage defaults may rise pushed down shares of banks and property owners. Citigroup Inc., the biggest bank, dropped the most in seven months. Bank of America Corp. and Wachovia Corp. also dropped. Homebuilders fell for the fifth straight day, posting their biggest weekly decline since August. Bloomberg …
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