Better mortgage rates could be in the cards (The Record) With the peak home-buying season kicking off, savvy buyers will be scouring newspapers, checking the Internet and pounding the pavement, not only for the perfect house, but also for the
HUD Expands Guaranteed Home Loans For Midwestern Indians The federal government announced Friday that a guaranteed home loan program for American Indians has been expanded to include tribal members in Indiana, Michigan and Minnesota living outside their reservations.via
Keys to Selling Your Home Without an Agent Most home sellers use real estate agents, but there's nothing that says you have to. read more...
Build A Green House Build A "Green" House April 22 is Earth Day... And a good time to think about building homes that save energy and safeguard the natural landscape.via
REFILE-Suncorp plans A$1.8 bln mortgage-backed bonds (Reuters via Yahoo! Asia News) SYDNEY, April 12 (Reuters) - Australian banking and insurance group Suncorp-Metway Ltd. plans to sell A$1.8 bln ($1.5 billion) equivalent of residential mortgage-backed securities, a joint lead said on
UConn officials criticized in two audits of UConn 2000 projects Two new reports on the University of Connecticut's troubled $2.3 billion construction program criticize school President Philip E. Austin and other top officials for poor oversight of the building projects.read
“The possibility for a 50 basis points cut is looking less likely”
Asian stocks tumbled Monday as traders took their cues from Wall Street, where persistent worries about a possible U.S. recession sent shares sinking Friday.
India’s benchmark stock index dropped 4 percent in the first 10 minutes of trading and Hong Kong’s market slid 4.7 percent by midday. U.S. stock index futures also were down, suggesting that shares could drop again when the market opens in New York.
Investors around the world have been jittery for weeks about a U.S. slump, which would likely weaken demand for exports and drag on global growth. There is also concern about a worldwide credit crunch triggered by rising defaults in risky U.S. mortgages, which has led to mountains of bad assets at major American and European banks. Read more
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