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Rate Too Good to Be True Proved to Be Just That    Q I applied for a home mortgage with my credit union. When I looked at their rates, they had listed a 30-year jumbo loan for 0.054 percent with 0.5


Law Firm Hired to Fight Waste Plan  The City Commission agreed to hire a Tallahassee law firm in its fight against the state's preliminary approval that would allow Cedar Trail landfill to accept commercial waste, including restaurant


Cities tussle over HUD funds  Troy Mayor Harry Tutunjian is trying to enlist U.S. Rep. Michael McNulty in a fight to keep Schenectady from taking $1.1 million in federal housing money originally earmarked for the


Chesterfield proffers increasing (Reg Req'd)  It's now more expensive to build a home in Chesterfield County. After a lengthy public hearing that began last night, the Board of Supervisors early today voted unanimously to increase


BriarWood tries cash pledges to entice potential home buyers  Ever heard of putting houses for sale on sale? Neither had Michael Kevern before he got wind of a such a thing happening in South Carolina.read more...


Homes continue to sell for more  WASHINGTON , Existing-home sales soared to new heights in the second quarter of 2005, with prices up 13.6% and volume setting a record, the National Association of Realtors said Monday.read

April 16th, 2007

Mortgage default notices spike (BusinessWeek)

Mortgage defaults in California increased on an annual basis in the first quarter to the highest level in nearly a decade, a spike fueled largely by people who bought a home or took out an equity loan in the past two years, a real estate research firm said Monday.

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