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San Simeon lodge has new owner  The south wing of luxury rooms at 9135 Hearst Drive will be renamed the Orchid Inn at San Simeon. The northern building


Family Heads To Washington To Discuss Mortgage Crisis (WCVB TheBostonChannel.com via Yahoo! News)   The mortgage crisis has hit close to home for a Hyde Park familyread more...


The oldest library in Minneapolis returns to life  The nearly $4-million remodeling of the Franklin Community Library aims to create a more accessible and welcoming entry way and accentuates many of the building's historic details.via


Purdue students trade, update tiny spaces  For two days last October, two floors in Purdue University's Shreve Residence Hall morphed into TV studios.read more...


Construction spending up; analyst predicts Google will hit $600  Construction spending hit an all-time high in November as government spending to build schools, highways and sewer systems offset a slight dip in home building.read more...


Barclays Aims to Break Top Three in Mexico Mortgage-Bond Market (Bloomberg.com)  Feb. 27 (Bloomberg) -- Barclays Capital, which helped arrange its first Mexican mortgage-bond sale in January, aims to become one of the top three underwriters in 2007.read more...

February 19th, 2007

Mortgage lenders extend borrowing terms (Guardian Unlimited)

The standard 25-year mortgage has become a thing of the past as lenders stretch borrowing terms as far as 52 years to give homebuyers a leg-up on the property ladder.

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