Make Sure a Refi Adds Up
Recent dips in interest rates may have homeowners wondering whether it’s time to refinance their mortgages.
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Lennar sees quarterly loss Lennar Corp., one of the nation's biggest home builders, said Tuesday it expects its first quarterly loss in at least a decade, more proof that the nation's housing slump continues.Commentread
Lowrie sells share of mortgage company (BizJournals) Regina Lowrie, chairman of the national Mortgage Bankers Association and co-founder of one of the Philadelphia area's largest mortgage lenders, said Wednesday she has sold her stake in Gateway Funding
Bear Stearns profit soars on mortgage income (International Herald Tribune) Bear Stearns, the biggest U.S. underwriter of mortgage-backed bonds, said Thursday that profit surged 81 percent to a record in the second quarter, led by fixed-income and equity trading.read more...
Indiana Leads Nation In Foreclosures Indiana lead the nation with its foreclosure rate was nearly 1 percent. The Midwest has had the roughest time lately in the country as stagnant employment and rising energy costs
Former TV reporter tries his luck at building houses How did you move from television news personality to home builder? My wife and I had thought about getting involved in real estate and home building several years ago.read more...
Bill to protect homeowners gains state Senate approval Making its way through the state legislature is a bill that will help protect homeowners across the state from building practices that do not meet minimum standards.via