Interest-only mortgage deja vu (Bankrate.com via Yahoo! Finance) That last craze for interest-only mortgages craze ended with a Depression-era wave of foreclosures. The new variety of this loan is even riskier, says Jack Guttentag, the Mortgage Professor.via
Officials: Opportunistic criminals wreak havoc in mortgage market (Desert Sun) As the U.S. housing market hits record highs, mortgage fraud appears to be rising from California to Florida, according to mortgage industry researchers and federal law enforcement agencies.read more...
U.S. mortgage demand falls to 5-month low (UPI) WASHINGTON, Dec. 27 (UPI) -- Mortgage applications fell to a five-month low last week as interest rates continued to rise, an industry trade group said Wednesday.read more...
Hearings slated for real estate agent A Decatur businessman accused of selling real estate without a license will face a two-day hearing before state regulators in July, the Office of Banks and Real Estate said last
Rep. Frank's mortgage bill calls for reforms, more protection (Lincoln Journal Star) WASHINGTON ? A top House Democrat?s plan to reform oversight of the mortgage sector would have a major impact on every level of the $11 trillion industry, according to a
Calls to scrap allowance as MSP claims 979 a month for mortgage HOLYROOD managers came under increasing pressure last night to scrap a controversial allowances scheme for MSPs after it emerged that an Executive minister was charging the taxpayer nearly 1,000 a
“Mills are riding high if housing is strong”
Those thinking about building a deck this summer, or another project that requires large quantities of wood, might be able to do it less expensively than they would have last year—if, that is, they are doing … via MarketWatch
read more…
This entry was posted
on Wednesday, July 25th, 2007 at 8:20 am and is filed under Home Building.
You can follow any responses to this entry through the comments RSS 2.0 feed.
You can leave a response, or trackback from your own site.
Leave a Reply