Countrywide Financial plans to cut 2,500 jobs Countrywide Financial Corp., the largest U.S. mortgage lender, Tuesday said third-quarter profit rose 2 percent, less than analysts expected, as demand for home loans slumped.Commentread more...
Region's housing market still hot Area home builders worked at a furious pace during the third quarter of the year, launching 8,347 single-family homes, or 6 percent more than during the third quarter of 2004,
Houston mortgage monitor (Houston Chronicle) The mortgage interest rate list represents a sampling of rates as quoted by lenders in the Houston market on Friday. Rates, which may change on Monday, are for 90 percent
1 Mortgage. 2 Lenders Demanding Money. It Doesn't Add Up. (Washington Post) Q: We refinanced our home loan in March with an online lender. Within a couple of weeks, we received a letter from another mortgage company, advising us that our May
Shortcourse: Rate lock (Detroit News) Sometimes called a "lock-in period," this is the 30- to 60-day time during which a mortgage lender agrees to hold the mortgage rate by the borrower to a set level.read
Talks Halted Over Seattle Property A proposed $7 billion downtown Seattle project became the latest major urban development to be blocked by the credit crisis and a faltering economy. The Clise family is temporarily pulling
“The long-term rate of house building hasn’t kept up with rising demand, causing long-term house prices to increase”
The gap between incomes and house prices has grown rapidly The squeeze on home buyers’ finances has been highlighted by reports from the TUC and the Royal Institution of Chartered Surveyors . via BBC News
read more…
This entry was posted
on Tuesday, September 4th, 2007 at 8:22 am and is filed under Mortgages.
You can follow any responses to this entry through the comments RSS 2.0 feed.
You can leave a response, or trackback from your own site.
Leave a Reply