Strong job growth eases recession fears "They have continued at a pace that is enough to keep the economy out of recession, but not enough to generate strong growth" Employers added 110,000 new jobs in
No Money Down? You're Out of Luck Falling prices have improved affordability for first-time home buyers, but financing the purchase has become a bigger challenge.
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Fallout from Katrina will bring higher prices The fallout from Hurricane Katrina not only means higher gas prices, but also rising costs for many other things we use every day.read more...
Your Money Matters: Dealing with Rising Mortgage Interest Rates (Benton Evening News) (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
Mortgage fraud ringleader sentenced to 13 years (AP via Yahoo! Finance) A Kansas City businessman was sentenced to 13 years in prison for a $17 million mortgage fraud scheme that included buying a home owned by former Jackson County Executive
Study: Mortgage brokers help minorities (Boston Herald) Mortgage brokers have long faced criticism from federal agencies and consumer advocates. Activists charge that the industry steers minority and elderly borrowers toward high-cost mortgages, while the...read more...
The mortgage lending crisis deepened on Tuesday, as Impac Mortgage Holdings Inc said it will quit most lending and cancel its dividend, while Accredited Home Lenders Holding Co posted a big quarterly loss and said its survival remained in doubt.
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