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Hiring? Make sure they show up  "Thankfully, most of the contractors out there are honest. But really, it's buyer beware." Every few months, area law-enforcement agents arrest local home-improvement contractors who allegedly defraud their customers.


Three men plead guilty in home mortgage scam (Kansas City Star)  A father, his son and a Lee's Summit builder pleaded guilty to a scheme to defraud home buyers and mortgage lenders of millions of dollars, officials said.via


How to survive the mortgage mess (The Plain Dealer)  What if your mortgage company goes out of business? What if your pre-approval to buy a home is through a lender that's on shaky ground? The closings of scores of


Review of mortgage fees released (Perth Now)  BORROWERS are set to benefit from increased competition following the release of a review highlighting the differences in fees on the various mortgage products offered by lenders.read more...


Trends Causing Fundamental Shift for Realtors  RISMEDIA, May 18 + "The real estate brokerage industry has undergone more change during the last 10 years than the preceding 40 years," says RealSure's Stefan Swanepoel, "but there is


Report: U.S. housing construction sector to slow later this year  The housing building boom has helped drive the US economy, creating jobs and fueling consumer spending, but a new economic forecast suggests the sector is poised for a slowdown later

October 21st, 2007

Mortgage rates show little change (Daily Bulletin)

WASHINGTON - Rates on 30-year mortgages were unchanged this week while rates on other types of mortgages also showed little movement. Freddie Mac, the mortgage company, reported Thursday that 30-year, fixed-rate mortgages averaged 6.40 percent this week, the same as last week.

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