Mortgage applications rise (CNN Money)
NEW YORK (Reuters) – Applications for U.S. home mortgages increased last week boosted by a rise in purchasing and refinancing activity as mortgage rates eased, an industry group said Wednesday.
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National mortgage crisis hurts renters too (Newsday) In the world of economics, just about everything has a ripple effect. So it shouldn't be a big surprise that the mortgage crisis, with the attendant foreclosures, is hurting renters
Existing-Home Sales Post Biggest Rise in Three Years The number of homes sold increased last month by 3.9%, though inventories ticked higher. The median home price fell from a year earlier. read more...
Standard Pacific posts record earnings Cancellation rate rises compared to Q1 '05 Home builder Standard Pacific Corp. announced net income of $94.76 million for the first quarter of 2006, up 15.4 percent from $82.12 million
Mortgage rates fall to 3-month low (BizJournals) Historically cheap borrowing costs continue to fuel the record real estate market, and mortgage rates fell even lower this week.via
What is an Energy-Efficient Mortgage? Q. Mortgages are always in the news these days, but I never read anything about the energy-efficient mortgages you have been talking about for a long time. Are they still
Fannie Mae Scraps Higher Mortgage Downpayment Requirements (KTHV Little Rock) Fannie Mae says it is doing away with higher downpayment requirements for borrowers in distressed real estate markets. The government-sponsored mortgage financier said Friday it will require downpayments of between