Sector Snap: Mortgage Lenders (AP via Yahoo! Finance)
Shares of most mortgage lenders slipped Friday as concerns about deteriorating credit quality and restricted access to cash continued to weigh on the sector.
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30-year mortgage rates fall for second straight week (Centre Daily Times) Rates on 30-year mortgages declined for a second straight week as low mortgages continued to fuel the country's housing boom. Mortgage giant Freddie Mac reported Thursday that rates on 30-year,
Some Schools May Go Up For Sale Customers are calling, ready to buy old vacant school buildings. "We believe we have some interested parties on some of the vacant properties we frankly have no intended use for,"
Real Estate Review: Subdivisions At the height of the current real estate boom, housing of all types appreciated at a record pace.read more...
Your Money Matters: Dealing with Rising Mortgage Interest Rates (Evening Times) (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
Calif. Levees Worse Than Thought A fast-growing region near the state capital is at greater risk of a potentially catastrophic flood than originally believed, and insurance rates could double for some residents, the government said
State housing sales hit record -- thanks to coastal market boom The coastal housing market drove the state to record home sales in 2005, as the median price of homes sold in the state rose nearly 10 percent over 2004.read more...