Utah housing prices booming once again Utah real estate may not be such a bad investment after all. The state now ranks 35th in home appreciation - quite a feat considering Utah was in last place
Congress passes a mortgage-relief bill (Fort Worth Star-Telegram) By JULIE HIRSCHFELD DAVIS WASHINGTON ? Congress approved mortgage relief Saturday for 400,000 struggling homeowners as part of an election-year plan that also aims to calm jittery financial markets
Prepay mortgage or pour more into 401(k)? (The Charlotte Observer) If you've read this column for a while, you know I've often urged readers to think about making extra mortgage principal payments. This can dramatically cut the amount of interest
Is 50 Years Too Long for a Mortgage? (KFVS12) as prices show no signs of coming down , and many of us have wondered how to stretch an already tight budget. N ow some mortgage lenders believe they might
D.C. Affordable Housing Plunges The number of affordable houses and apartments in the District plummeted by nearly 12,000 last year, according to an analysis of new U.S. Census data released yesterday, and a task
Homeowners struggle to meet mortgage payments (Reuters.co.uk) LONDON (Reuters) - Hundreds of thousands of homeowners missed mortgage payments last year, with young borrowers most at risk, a charity survey says.read more...
“A little air came out of the party balloon.”
Wall Street paused from its big rally Friday, with stocks closing narrowly mixed after the government’s November labor report showed tepid job growth as well as a pickup in inflation. The major indexes ended the week higher, with the Dow Jones industrials having gained nearly 900 points over nine trading days.
The Labor Department reported 94,000 jobs were added to payrolls in November and that the unemployment rate held steady at 4.7 percent. Thomson/IFR analysts had set a median projection of 100,000 new jobs. The report also showed that average hourly earnings increased 0.5 percent in November, compared with forecasts for a more-modest 0.3 percent. Read more
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