Mortgage rates hold at 5.75% (bizjournals.com via Yahoo! Finance) Most Hawaii mortgage lenders held at 5.75 percent this week, while three of them quoted 5.625 percent.read more...
House mortgage bill doesn't offer bailout The Mortgage Reform and Anti-Predatory Lending Act of 2007 seeks to prevent borrowers and lenders from making dumb choices. It doesn't help troubled borrowers and lenders who made poor decisions
MFA Mortgage 3Q Profit Rises (AP via Yahoo! Finance) Real estate investment trust MFA Mortgage Investments Inc. said Wednesday its third-quarter profit rose 19 percent, but that rising interest rates would continue to weigh on results.read more...
Are Fanciful New Skyscrapers Too Eccentric to Lure Tenants? Developers around the world are unveiling a flurry of new designs that challenge traditional notions of what tall buildings are supposed to look like. To some, the over-the-top plans reflect
Borrowers need to be wary of unlicensed mortgage brokers (The Pantagraph) Concerned about mortgage fraud and predatory lending practices, many states have toughened their laws by requiring loan officers or originators to undergo extensive background checks and show proof of professional
Mortgage approvals surge in September (Guardian Unlimited) Mortgage approvals soared to two-and-a- half year high in September, official data showed today, suggesting that the housing market has shrugged off higher interest rates.read more...
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