Congress considers foreclosure help Congressional Democrats want to hold back a rising tide of foreclosures, but they're being told that there's not much they can do.read more...
Get the best deal on fixed-rate loans As the real estate market slumps, sales pressure mounts for adjustable-rate mortgage borrowers to refinance into fixed-rate loans.read more...
Mortgage borrowers in turmoil as lenders cut off riskier loans (Market Watch) CHICAGO (MarketWatch) -- Some nontraditional mortgage loans have vanished from lenders' menus, while others have gotten more expensive during an eventful week for those in the mortgage industry.
Huntington office adds new mortgage officer (The Advocate) NEWARK -- Brett Richards, of Newark, has accepted a position as a mortgage lending officer with The Huntington Mortgage Group. His office will be located at 222 E. Broadway, Granville.read
Tucson makes top 10 home price gains But still stays out danger for being in bubble Although Tucson ranks tenth in the nation for having the highest increases in median home prices, the area is near the bottom of the list when it comes to markets
Mortgage woes spur ideas but no plan (Boston Globe) Want government help to get out of a bad subprime mortgage? Don't look for Congress to come to your rescue anytime soon.read more...
“We expect overall building activity (residential and non-residential) to decline by about 12% quarter-on-quarter in Q1 2008, led primarily by a decline in home building”
If the South African Reserve Bank needs further evidence of the dampening effect of higher rates on real economic activity, recent building data has been just that, according to independent economic analysts. via Mail & Guardian
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