Mortgage lending hits new record (BBC News)
Mortgage lending hit another new record in June, according to figures from the Council of Mortgage Lenders.
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US retirees convert reverse mortgages into cash US retirees take out reverse mortgages that allow them to convert a portion of the equity in their homes into cash without selling their homesvia
Mortgage Lenders Fall on Housing Data (AP via Yahoo! Finance) Shares of many mortgage lenders fell in afternoon trading Wednesday after a real estate agents' organization reported softening housing prices and sagging existing-home sales.read more...
Mortgage rates hit 4-year high (Bankrate.com via Yahoo! Finance) Finally succumbing to the Fed's campaign of interest-rate increases, mortgage rates climbed to the highest level since July 2002.read more...
Original Finishes Add to the Value read more...
Housing Starts Recover in February Home construction unexpectedly surged in February, but permits for future building fell.Commentread more...
Michelle Singletary: Book could help you get a better mortgage (The Shreveport Times) David Reed's "Mortgage Confidential: What You Need to Know That Your Lender Won't Tell You" (American Management Association, $16.95) is the October selection for the Color of Money Book Club.read