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How Wall Street Stoked The Mortgage Meltdown  Money and expertise from big investment banks helped transform subprime lending into a major force. That business is now struggling, and some are pointing the finger at Wall Street. read


House price inflation drops  House price inflation slowed significantly over the last 12 months and now stands at less than 10 percent per annum, for the first time since the first quarter of 1999,


Suit over mortgage rates settled (Tacoma News Tribune)  More than 200 South Sound homeowners agreed to settle a class-action lawsuit Thursday that claimed they and hundreds more were taken advantage of by a Kansas City, Mo., mortgage company.read


General Contractor May Not Profit On Home Despite Sweat Equity  An investor estimates he put $30,000 of his own labor into a California duplex, plus $10,000 in upgrades, but high costs and unexpected repairs may make breaking even on the


Australia faces economic turbulence from U.S. meltdown: PM  "We are entering a more difficult time of economic management. There are storm clouds on the international economic horizon" SYDNEY - Australia, one of the best-performing advanced economies, faced


Topham Park named after war hero  It started out as nothing but some temporary housing in a muddy field on the edge of the city.via

February 21st, 2007

Mortgage rates fall as inflation rises (Bankrate.com via Yahoo! Finance)

Mortgage rates dropped this week, even as the government was reporting that inflation is running higher than expected.

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