Funds available for teachers, police to purchase homes Funds are becoming available through the county to encourage teachers and police officers to buy homes in low- to moderate-income areas.via
Cost Of Financing American Dream Goes Up Rates on 30-year, fixed-rate mortgages shot to 6.43 percent this week from 6.35 percent last week -- the highest level since 6.44 percent during the week of Sept.read more...
Foreclosures, delinquent loans up in S.D Delinquent mortgage loans and foreclosures have gone up since last year in South Dakota, according to the National Delinquency Survey from the Mortgage Bankers Association.Commentread more...
Great places to park your cash Under the mattress would have worked when yields were below 1 percent. But investors can find them north of 4 percent in several places these days.read more...
Japan Stocks May Drop on U.S. Mortgage Loss, Economy Concern (Bloomberg.com) Aug. 6 (Bloomberg) -- Japanese stocks may decline, led by exporters such as Sony Corp., on concern losses in the U.S. mortgage market may slow the world's biggest economy.read more...
Lumber costs fall; other building materials rise The price of lumber is down about 10 percent from this time last year. That's good news for the home construction industry.Commentread more...
International Business Machines Corp. said on Monday it formed a unit that will sell software and computers for processing mortgage applications and also manage processing of home-loan paperwork on behalf of lenders.
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