Report: Mortgage Foreclosures Skyrocket In Conn. Cities (NBC 30 Connecticut)
Mortgage defaults and foreclosures in Connecticut’s cities have skyrocketed over the past year, a real estate tracking company has found.
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Bernanke sees no spillover from mortgage woes (Reuters via Yahoo! News) A rash of U.S. mortgage delinquencies is not expected to hurt the broader economy, Federal Reserve Chairman Ben Bernanke said on Thursday.read more...
Mortgage Rates Drop (Washington Post) WASHINGTON -- Mortgage rates around the country edged down this week, with rates on 30-year home loans sinking to their lowest point in a month, good news for prospective buyers.read
Ground-breaking draws dignitaries BC and Yukon general manager of Canada Mortgage and Housing Corporation Nelson Merizzi, Powell River Kiwanis Club 45-year member Bob Boyd, West Vancouver-Garibaldi member of the legislative assembly Joan ...read
Treasury yields drop boosts market "I think the movie's going to end well this year, but there are still going to be some scenes where we'll have to take our eyes away from the screen"
Senator urges new rules for home buyer lending A key Democratic lawmaker said he wants to tighten regulations on mortgage lenders in the wake of a spike in foreclosures on borrowers of subprime home loans, the adjustable-rate mortgages
Home Improvement a neighborly thing to do: a Gift of Work If you're stumped about holiday gifts, you can take a cue from a home-improvement project that changed Phyllis Leach's life.Commentread more...