For speedy sale, owners try auctions In 2005, $14.2 billion worth of residential real estate was sold in live auctions, according to the National Auctioneers Association.Commentread more...
First Flight Mortgage loan officers recognized (Outer Banks Sentinel) At the recent National City Bank ABA meeting in Virginia Beach, First Flight Mortgage loan officers Christian Anderson and Kelly Byrd were awarded "Top Producers" for May 2005.via
Offshore Outsourcing for Small Projects His experience with an offshore outsourcing provider subsequently led him to use the service for his firm's work as well.Commentread more...
Islamic banking goes nationwide Personal finance reporter, BBC News The bank has taken advice from Islamic scholars Lloyds TSB is to offer current accounts and mortgages which comply with Islamic law through its 2,000
The Tide Is Turning What's the shape of a post-bubble, post-correction real estate market? And more to the point: What does that mean for you? read more...
Merrill takes $7.9B mortgage hit (CNN Money) Merrill Lynch & Co. Inc. took a $7.9 billion writedown in the third quarter due to bad mortgage bets, well exceeding its initial estimates and raising questions about the bank's
Rates on 30-year and one-year mortgages climbed this week, while rates on some other home loans didn’t budge.
Freddie Mac, the mortgage company, reported Thursday that 30-year, fixed-rate mortgages averaged 6.17 percent this week. That was up from 6.14 percent last week and was the highest since the week of Nov. 21, when 30-year rates stood at 6.20 percent.
Just three weeks ago, 30-year rates had dipped below 6 percent, edging down to 5.96 percent, the lowest level in more than two years. Read more
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