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Easy Steps Can Save Thousands of Gallons of Water    The next time you brush your teeth, think about turning off the faucet until you need to rinse. That twist of your wrist can save as much as 3,000


Safe Harbor for Vacation-Home Exchanges, If You Follow the Letter of the Law   As promised, the IRS last month updated its guidance on the use of Starker exchanges for vacation homes. read more...


Survey: Mortgage woes have major economic impact (South Florida Business Journal)  A survey has found that fallout from the mortgage sector is spilling over into the broader economy, impacting companies across industries and their ability to collect payments. (ORCC)read more...


BofA settles overtime suit, may pay $9 million (Reg Req'd)  Bank of America Corp., the second-largest U.S. bank, agreed to pay as much as $9 million to settle a lawsuit brought by loan department workers in California who claimed they


Efforts to make homes (Reg Req'd)  Efforts to make homes and buildings more energy-efficient are focusing on the state, not the federal, level By JOHN M. BIERS October 16, 2006; Page R7 The battle for energy


ABN Amro Mortgage to close Troy, Madison Heights offices, keep Ann Arbor office open (Crain's Detroit Business)  Citigroup Inc. told its Michigan employees Thursday that ABN Amro Mortgage Group Inc., which it bought in January from Netherlands-based ABN Amro Bank N.V.read more...

December 12th, 2007

Mortgage Rates Climb This Week (AP via Yahoo! Finance)

Mortgage rates, which had been sliding, went up this week, disappointing news to would-be home buyers. Freddie Mac, the mortgage company, reported Thursday that 30-year, fixed-rate mortgages averaged 6.11 percent.

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