Mortgage mess creates lending drought (AP via Yahoo! News)
Mortgage broker Ed Smith Jr. has been arranging home loans for 24 years and it’s never been tougher for him to close a deal than during the past few weeks of turmoil.
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Mortgage Demand Jumps Before Rate Hike Home loan applications climbed 1.2 percent during the week ending March 24, as consumers sought to secure a mortgage before the Federal Reserve hiked interest rates.read more...
Buying or renting in Australia You might think having a roof over your head is expensive in London, but in Australia the cost of buying or renting a house is on the rise.read more...
Toll Brothers cuts sales forecast Toll Brothers Inc., the largest U.S. builder of luxury homes such as these in Holland, Pa., says it has seen limited price increases since Hurricane Katrina.read more...
All Business: What could happen if housing market slows NEW YORK - Federal Reserve Chairman Alan Greenspan sees signs of "froth" in some local housing markets, but says overall the nation doesn't appear to be in a housing bubble
Merrill Lynch Offer: 800 New Jobs to City Company Would Increase... Merrill Lynch wants to add 800 jobs to its Jacksonville location with an average wage of nearly $67,000, city and company officials said Friday.read more...
Abbey relaxes mortgage pay limit (BBC News) Britain's second largest mortgage lender dramatically increases the amount it is prepared to lend homebuyers.read more...