First-time buyer finds the perfect fit Leo Pingol's favorite thing about his new house is 'it's close to civilization.' After renting an apartment for more than a year in Florence
Mortgage Applications Rose Last Week (AP via Yahoo! Finance) More people applied for mortgage loans last week, as homeowners asked to refinance existing mortgages, an industry group said Wednesday.read more...
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Piece by piece For the past month or so anyone driving east down Knox Road outside of Beaverton might think there is a barn raising going on.Commentread more...
Handling closing costs Anthony Baglio, on the front steps of his new home in Marine Park, Brooklyn, paid about $17,000 in closing costs but was able to work out some lower fees.read more...
Fire station building item on City Council agenda A resolution authorizing a contractor to begin building a $250,000 shell building at Fire Station No.via
American billionaire investor Warren Buffett said Thursday that problems in the U.S. subprime mortgage market will likely weigh on consumers for up to two years, but that the U.S. economy will weather the storm.
The subprime problem ‘is having an impact,’ Buffett said on his first visit to South Korea. ‘It will have more of an impact.’
Rising default rates among U.S. mortgage holders with poor credit histories have rattled global credit, stock and currency markets since August and raised concerns about a possible recession in the U.S. economy, a major export market for Asian companies. Read more
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