New Tools Available To Hedge Your Home Amid warnings that real-estate values may drop exotic investment products target anxious owners eager to lock in their gains.read more...
Deardorff to Head Growth Management read more...
Lehman to cut 1,300 mortgage jobs (International Herald Tribune) The investment bank said Thursday that it would stop U.S. wholesale mortgage lending because of a continued slump in credit and housing markets.read more...
Fed Chief Signals Rates Still to Rise Greenspan says the frothy market is a potential risk for the U.S. economy.via
Subprime mortgage defaults rise in Salem (Salem Statesman Journal) The consequences of the housing boom and subprime mortgage meltdown in the past several years is having substantial effects on Oregon's economy.read more...
Existing home sales down in 2007 "If all those things are good, it's a foundation for a strong real estate market." The Upper Rio Grande Valley's real estate boom may not be over yet, but
(ARA) – Many Americans are asking themselves what they should be doing in the wake of rising, and sometimes, fluctuating mortgage rates. It’s an important question because for many Americans their home equity represents the cornerstone of their personal wealth.
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