Home prices holding steady
The rate of increase in U.S. home prices remained steady in the fourth quarter of 2006, extending the slowing trend that began earlier in the year, federal regulators reported Thursday.
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How about a 50-year home mortgage? The Treasury Department's resumption of 30-year bond sales last week could have an interesting impact on the home mortgage market, with lenders offering more 40-year loans and maybe even 50-year
Another Russian Tycoon Buys in Snowmass Energy tycoon Eugene Shvidler has paid $14.5 million for a house in Snowmass, Colo….In Aspen, a mansion has sold for $20.75 million… Former Mets catcher Mike Piazza has listed his
Greenspan Signals Further Rate Increases Federal Reserve Chairman Alan Greenspan said Wednesday the U.S. economy should produce sustained growth with low inflation in coming months and this will mean continued gradual interest rate increases by
Mortgage Applications Fall U.S. mortgage applications fell last week as interest rates climbed to 17-month highs and demand for refinancings slid to their lowest level this year.read more...
Bright spot for homeowners :Two new 2007 tax breaks help in struggle with mortgage payments. (South Bend Tribune) In a year of bad mortgage news, there's a bright spot or two for homeowners: Foreclosure comes with a tax break, and 2007 mortgage insurance payments may be tax-deductible.read more...
H&R Block 2Q Loss Soars on Mortgage Meltdown; Final Results Delayed Until Friday (Canadian Business) David Twiddy December 11, 2007 - 08:25 a.m. KANSAS CITY, Mo. (AP) - H&R Block Inc., the nation's largest tax preparer, said in a preliminary earnings report Tuesday that it