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Demand squeezes home market  'They're selling very quickly and prices are still going up. ... We can see the impact of having less inventory.' Tom Maeser .via


Your Money Matters: Dealing with Rising Mortgage Interest Rates (Pekin Times)  (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


Finding bargains is art of the deal  TULSA, Okla. - The Pink House does not look like a family establishment. The battered house on the scruffy north side of Tulsa is the color of Pepto Bismol -


U.S. Markets Where Home Prices Are Most Likely to Decline  This week's survey of news from across the Web looks at U.S. metro areas where housing values are expected to fall, cities where the gap between the most expensive and


Lawyer Learns the Downsides Of Being a College-Town Landlord  An Atlanta investor converts his former home into a rental unit and rents it out to students. But securing long-term leases from a university crowd can be tough, he discovers,

March 4th, 2007

Lehman Cuts Prime Mortgage Lenders on Spillover From Subprime (Bloomberg.com)

March 5 (Bloomberg)—Lehman Brothers Holdings Inc. reduced its investment rating on U.S. mortgage companies including Countrywide Financial Corp. because a surge in loan defaults is showing evidence of spreading beyond the riskiest credits and the Federal Reserve hasn’t cut borrowing rates.

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