Beware the Pitfalls of Creative Mortgages This is a story about how easy it is to get into serious trouble ... even when you know better.read more...
Habitat for humanity entering market again If the deal goes through, it would be the second parcel of land the group has purchased in Lompoc.via
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U.S. mortgage woes hit GMAC (The Globe and Mail) NEW YORK ? GMAC Financial Services on Tuesday reported a loss during the fourth quarter as homeowners struggled to keep up with mortgage payments. GMAC Financial Services lost $724-million (U.S.)
“I can tell you that people are tired of being conservative. They want to spend money”
Doug Schock shook his head in disbelief while gazing at the empty bank of elevators, typically full as they shuttle thousands of buyers between dozens of showrooms filled with the latest styles in sofas, bedroom sets, and dining room tables and chairs.
Not so this fall at the High Point Market the twice-annual home decor and furnishings trade show that sets the table for what consumers will see in stores next season.
‘Those used to be packed. You used to have to elbow your way into showrooms,’ said Schock, a territory manager for OneCoast Midwest Home. ‘I know the economy has been down since 9/11, but the housing slump combined with the weak economy, you have a double whammy.’
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