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Median price of house zooms up to $385,000  As high as King County's home prices go, buyers seem willing to follow. Well, for now, at least.read more...


Borrowing by Consumers Fell in May  Borrowing by consumers unexpectedly fell in May, declining the most since December 1990, as customers switched from costly bank debt to cheaper home-equity loans.via


Debt Plan Time to buckle down on credit card debt TV News (Reg Req'd)  If you're worried about your post-holiday debts, pay close attention, because it may be worse than you think.read more...


185 Devonshire mortgage sold to Fla. investment firm (Boston Business Journal)  CBRE/Melody announced Tuesday it brokered the sale of the mortgage on 185 Devonshire St. to Coral Gables, Fla.- based Bayview Financial for an undisclosed price.read more...


Fitch Rates $793.9 Million J.P. Morgan Mortgage Trust 2006-A1 (Business Wire via Yahoo! Finance)   NEW YORK----Jan. 30, 2006--J.P. Morgan Mortgage Trust $793.9 million mortgage pass-through certificates, series 2006-A1, are rated by Fitch Ratings as follows: Classes 1-A-1, 1-A-2, 1-A-3, 2-A-1, 2-A-2, 2-A-3, 2-A-4,


Residents Make Appeals for Affordable Housing  Housing costs in the Richmond area are driving many people out of the market, residents complained at a packed public forum last night.Commentread more...

March 8th, 2007

Rates on 30-Year Mortgages Drop

Rates on 30-year mortgages fell to the lowest level since mid-December as investors scrambled to the safety of bonds following last week’s stock market turmoil.
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