Mortgage relief sought (Baltimore Sun) Bankers, U.S. officials pursue a freeze on subprime loan rates The Bush administration and the mortgage industry, trying to combat a huge wave of foreclosures, are hammering
Rent-to-own book misses the mark Rent-to-own book misses the mark Author focuses too little on lease-options Don't be misled by the title of well-known real estate author Robert Irwin's latest book "Rent to Own."
Phoenix Investors Struggle to Hold On A staging professional and her husband, a contractor, bought several investment properties before the real-estate market soured. Now they stand to lose them all.read more...
Deception hits mortgage market once again (The Pantagraph) WASHINGTON, D.C. -- With the housing market in decline, unscrupulous sales agents are popping up in the booming reverse-mortgage industry, where reports of deceptive and high-pressure sales tactics are worrying
Mortgage rates at lowest level since 2004 (Rocky Mountain News) U.S. mortgage rates dropped to levels not seen since the middle of the real estate boom in 2004, a day after the Federal Reserve's emergency reduction in interest rates.read more...
Mortgage rates drop 0.17 percent Mortgage rates fell this week on continued signs of economic weakness. And the Federal Housing Administration will start charging riskier borrowers more.read more...
Further strength could emerge from the housing market in the coming months after data from the Building Societies Association (BSA) this morning showed mortgage approvals hit a record high last month.
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