Mortgage firms feel heat to offer borrowers relief (The Tennessean) LOS ANGELES ? Countrywide Financial Corp., the nation's largest mortgage lender, said Tuesday that it will begin calling borrowers to offer refinancing or modifications on $16 billion in loans with
Quick tips for home sellers You can make your home more appealing to prospective buyers without spending a lot.read more...
Solid Family Values TALLAHASSEE - What had been one of the most raucous and public debates on a major issue has become muted and secretive as discussions on how to cut property taxes
Millennium Bankshares shutting down mortgage business (bizjournals.com via Yahoo! Finance) Millennium Bankshares will wind down its mortgage banking business to focus solely on core banking services, the company announced Thursday.read more...
Home sellers offer more buyer incentives Today's buyer wants money-in-pocket value, not frills. If your home is competing with nearby new construction, be prepared to offer the same or equivalent incentives as the builder.read more...
If you're thinking about buying or renting a home near a school, these steps can give you a better sense of the school's impact on your quality of life:
Construction activity plunged in July by the biggest amount in six months as spending on homes fell for a record 17th straight month.
The Commerce Department reported Tuesday that construction spending dropped 0.4 percent in July, compared with June, the weakest showing since a 0.6 percent fall in January.
It was a bigger drop than economists had been expecting and underscored the continued drag the severe slump in housing is having on building activity.
Overall spending dropped to a seasonally adjusted annual rate of $1.169 trillion after having posted a 0.1 percent increase in June. Read more
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