Federal Reserve rate cuts do not always translate into lower mortgage rates (Asheville Citizen-Times)
The Federal Reserve has cut rates again. Does that mean mortgage rates will automatically go down?
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Housing strategy pleases businesses Condominiums selling for $1 million and up in downtown Sarasota are languishing on the market, while condos in the $300,000 to $700,000 range are flying off the shelf.read more...
Kanye West to Sell Beverly Hills House The hip-hop star has agreed to sell his property for about $8 million; the former home of Joseph Hirshhorn has sold for $30 million; and more. read more...
Westchester to require tests for home-improvement contractors Starting today, anyone who wants to get a license to work as a home-improvement contractor in Westchester County will have to pass a test.read more...
Metro Briefing | New York: Manhattan: Three More Indicted in Mortgage Fraud Case (New York Times) Three more people were indicted in Federal District Court yesterday in a scheme, carried out by at least 26 people, that involved submitting fraudulent mortgage loan applications and inflating home
Mortgage crisis hits cultural institutions (Los Angeles Times) Soaring costs of bonds lead to big losses at the Getty, Los Angeles County Museum of Art, the Orange County Performing Artscenter, Natural History Museum of Los Angeles County and
Ameriquest to Pay Missouri Consumers $3.2 Million Jefferson City, Mo. - infoZine - More than 10,000 Missouri consumers who borrowed money through Ameriquest Mortgage Co., the nation's largest sub-prime lender, will be eligible for restitution payments totaling