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30-year FHA Mortgage rates go down in the United States Monday  30-year FHA Mortgage rates go down in the United States Mondayvia


Beware of high mortgage closing costs  Reporters who blog More newspapers are letting staff depart from just-the-facts style online, raising ethical issues.via


Matalan woes persist as sales dip  Discount clothing retailer Matalan has said it plans to make 15m of cost cuts as it reported a further drop in sales.via


Mortgage apps index rises (Pioneer Press)  Mortgage applications in the U.S. rose for a second straight week, a sign that falling home prices are attracting some buyers. read more...


Credit-Card Crunch Crimps Home-Equity Loans  While many holders of these loans and other lines of credit benefit from recent Fed rate cuts, such loans are now tougher to get. read more...


Mortgage rates dip to six-week low  Rates on 30-year mortgages fell this week to the lowest level in six weeks. Mortgage company Freddie Mac said yesterday that 30-year, fixed-rate mortgages averaged 6.22 percent this week compared

October 12th, 2007

Orlando-area home resales hit lowest level since 1999

“You don’t know if you are buying at the bottom. If you need to buy [a home], stop trying to time the market. That’s what I tell people.”

Resales of homes and condos in the Orlando area had their worst month in more than 8 1/2 years in September, when they fell 55 percent from a year earlier. via South Florida Sun-Sentinel



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