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No down payment for house? No sweat  Until recently Michelle Hupton figured you had to have money in the bank to buy a house.read more...


U.K. Commercial Woes Mount  Commercial-property owners in England already struggling with the credit crunch and falling asset values have a new woe to add to the list: higher taxes on empty properties.read more...


Builder of three uptown homes stops work, to start from scratch (Reg Req'd)  Bayonne has halted construction of three new uptown homes because of alleged building code violations, city Construction Code Official Michael Feuer said yesterday.read more...


Mortgage firm targets downtown (Jacksonville Daily Record)  The Jacksonville Economic Development Commission unanimously approved a $300,000 incentive package Thursday that could bring Memphis mortgage firm Macquarie Mortgages USA s national headquarters to downtown Jacksonville.read more...


Beef's Builds Up Business in Haines City  read more...


Rising Mortgage Rates (Zacks.com via Yahoo! Finance)   Last weeks plunge in bond prices sent mortgage rates notably higher. Ratesrnon a 30-year loan are running at 6-3/4% to 6-7/8%.read more...

February 19th, 2008

Melton Settles Mortgage “Mix up” (WLBT 3 Jackson)

Mayor Frank Melton of Jackson has apparently worked out his differences with the bank that holds the mortgage on his house. The lawyer for Omni Bank, William Little, has told reporters it was worked out on the phone, but would not comment further.

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