Interest rates defy expectations
Mortgage rates were supposed to be rising by now, helping to gradually cool the nation’s red-hot housing market.
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Pending Home Sales Index Close to Record Pending home sales, a leading indicator for the housing sector, eased slightly but is at the second highest level on record, according to the National Association of Realtors .read more...
Home sales booming With home sales booming, it's a seller's market. The median price of a home sold in Vermont through the first six months of the year was $191,000, a jump of
In a Significant Shift, China Raises Value of Its Currency Facing intense international pressure, China took a crucial first step Thursday toward overhauling its currency system, a move that could help ease U.S.-China tensions but eventually raise costs for everything
Plenty of need; not enough means Each year thousands of families in danger of losing their homes get emergency financial help from the state, but even more are turned away.read more...
Investors Look to Profit From Others' Misfortune In this week's survey of news from across the Web, Open House looks at foreclosure bus tours in California, home buyers looking for deals in Hawaii, house hunters in the
Mortgage fraud costs lenders in region (San Jose Mercury News) Mortgage fraud has cost Charlotte-area lenders $64 million in recent years, U.S. Attorney Gretchen Shappert said Thursday.read more...