Housing Starts Decrease but Remain Strong in May
“Housing starts remained strong in May and are in line with our expectations for the year,” said Bob Dugan, Chief Economist at CMHC’s Market Analysis Centre.
via
Can U.S. curb the mortgage frenzy that puts homeowners at risk? (Market Watch) U.S. bank regulators knew more than a year ago that lenders were aggressively marketing exotic mortgages that in many cases are leaving homeowners on shaky financial ground. In the meantime,
Your Money Matters: Dealing with Rising Mortgage Interest Rates (Hope Star) (ARA) - Many Americans are asking themselves what they should be doing in the wake of rising, and sometimes, fluctuating mortgage rates. It's an important question because for many Americans
Two Helena men plead guilty to mortgage fraud (Great Falls Tribune) HELENA (AP) ? Two Helena men have pleaded guilty to scheming to defraud mortgage companies and wire fraud by creating false financial information to obtain mortgages on four properties totaling
Morning Sun school board candidates Editor's note: In advance of the Tuesday, Sept. 13, Iowa school board election, the Muscatine Journal is running a series of area candidates' responses to a questionnaire.read more...
Fed's goal: Avoid repeat of mortgage mess (USA Today) The Federal Reserve unveiled historic changes for the mortgage industry Tuesday, taking aim at the predatory and abusive lending practices that have fueled the foreclosure crisis.read more...
New home construction unchanged in June Construction of new homes and apartments showed no change in June following a decline the month before with weakness in every part of the country except the South.read more...