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Charms and Challenges Of a Tiny Old Town    For almost four decades, the citizens of tiny Brookeville, population 155, have really wanted one thing -- a bypass around their 19th-century village. read more...


30-Year Mortgage Rates Drop Slightly to 6.21% (Los Angeles Times)  Rates on 30-year, fixed-rate mortgages dropped to 6.21% this week, down slightly from last week's average rate of 6.22%, mortgage company Freddie Mac reported.read more...


Mortgage lending surged in January (Reuters.co.uk)  LONDON (Reuters) - Britons' rush to buy houses bumped up mortgage lending in January to levels not seen since the property boom nearly two years ago, boosting expectations that interest


Mortgage scam catches out banks (Stuff)  A mortgage scam involving inflated house sale prices is understood to have fleeced large amounts of money from banks in the Auckland and Waikato regions.read more...


War on Mortgage Scams (Real Estate News)  RISMEDIA, Dec. 5 ? (KRT) ? Hearing tearful pleas for justice, state and local officials announced a new campaign to combat the growing crime of mortgage fraud.read more...


Morgan Stanley cuts 1,000 mortgage jobs (Reuters via Yahoo! News)   Morgan Stanley will slash 1,000 jobs, scale back its U.S. home-lending business and shut down a British mortgage unit as new management takes a hard look at the continued

June 9th, 2005

Discounters set sights on traditional real estate market

Manuel Iraola would be one of the National Association of Realtors’ worst nightmares – if it knew he existed.

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