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Home Building Rises Slightly, But Weakness Lingers  The sluggish pace of home building in October offered little solace to those looking for signs that the nation's housing bust has bottomed out. read more...


Pic Third candidate enters county treasurer's race  Mike Hawkins, a mortgage broker and member of the Independent American Party, filed Tuesday for the Elko County Treasurer's seat currently held by Ceasar Salicchi.read more...


Interest rates will keep climbing  Alan Greenspan signaled Wednesday that the Federal Reserve will keep pushing interest rates higher this year in an effort to keep inflation on an even keel.read more...


(AFX UK Focus) 2005-11-09 12:23 GMT: Home-purchase mortgage volumes increase despite higher rates (Interactive Investor)  WASHINGTON (AFX) -- The volume of mortgage applications as tracked by the Mortgage Bankers Association increased by 2.3% in the week ended Nov. 4 compared to the prior week.read more...


Will Puerto Rico improve its economic situation in the eyes of the...  Early in the week, Puerto Ricans began to wonder if the promised overpass on that traffic-congested intersection might not be built, the new library not be opened, the expansion wing


Mortgage application volume falls 7.8 percent (AP via Yahoo! Finance)   Mortgage application volume fell 7.8 percent during the week ending May 16, according to the trade group Mortgage Bankers Association's weekly application survey.read more...

January 29th, 2008

New Stimulus Plan May Spur Conflict

The Senate is expected to retain proposed increases in loan limits for Fannie Mae, Freddie Mac and the Federal Housing Administration. But provisions modernizing the FHA and allowing more homeowners to refinance out of subprime loans would be slowed.





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