Where ?Mortgage? Isn?t a Scary Word (NYTimes.com via Yahoo! Finance) A confluence of economic circumstances is blamed for the dismal performance of mortgage REITs, but a handful of them is thriving as the economy falters.read more...
Wachovia cuts 120 mortgage center jobs in Calif. (The Charlotte Observer) Wachovia Corp. displaced about 120 workers in a mortgage call center in Northern California last month, a spokesman confirmed Monday.About 55 of those employees, however, landed other jobs with the
How Homeowners, Consumers Can Battle Against Global Warming Sixteen percent of U.S. greenhouse gases come from residences. What it costs to cut carbon dioxide output in our houses, cars and at the grocery store.
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Mortgage Rates Edge Down Slightly (The Denver Channel) Long-term mortgage rates fall slightly this week, the first decline in six weeks.read more...
Soaring home prices dazzle investors Many Americans appear to believe there's no place like home - no place better to invest their money, according to Smith Barney's Consulting Group.read more...
Another Fantasyland Call From The NAR "The apparent disparity results from fewer sales in high-cost markets, so a change in the mix of sales is dragging down the national median home price." National Association of
McLEAN, Va. (AP) – Long-term mortgage rates have risen to their highest levels in ten months. Freddie Mac says the average for the 30-year fixed-rate mortgage stands at 6.53% this week—an increase of 9 basis points from last week.
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