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Home loan demand falls as mortgage rates edge up (USA Today)  Mortgage applications fell last week, retreating from a nine-month high as home loan interest rates crept up, an industry trade group's data showed Wednesday.read more...


Need cash? Try reverse mortgage (rediff.com)  Reverse mortgage, when it becomes a reality, will enable senior citizens in need of cash to unlock the value of their house, even as they continue to live in itread


www.delawareonline.com ¦ The News Journal ¦ Low mortgage rates defy reason (Delaware Online)  Mortgage rates were supposed to be rising by now, helping to gradually cool the nation s red-hot housing market. The Federal Reserve has been raising short-term interest rates steadily for


US mortgage lender close to bankruptcy  New Century Financial, the largest independent US subprime mortgage lender, said last night its lenders plan to halt financing, pushing the company closer to bankruptcy amid dwindling cash and $8.4


Condos for Ski Enthusiasts In Three Resort Locales  In powdery places like Vail, Colo., these residences are priced in the millions. We look at three condominiums close to the slopes in California, Vermont and Utah with asking prices


Couples turn bathroom into personal haven  Spa-style comforts are a decorating reality in many master baths. Technology and a desire to escape the stresses of everyday life are transforming the most functional room in the house

June 14th, 2005

Higher land values entice bond issuers in Japan

Lehman Brothers Holdings and Morgan Stanley are among investment banks preparing to sell more than 300 billion, or $2.8 billion, of bonds backed by property loans in Japan, a surge that fund managers attribute …

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