Mortgage lenders court borrowers with savings (Guardian Unlimited) Wealthier Britons are combining savings in their bank accounts with their mortgages to cut the cost of monthly home loan payments, according to research by the Council of Mortgage Lenders.read
Unexpected Rise in Tax Revenue Cuts City's Budget Gap in Half By MIKE McINTIRE Published: November 23, 2005 A continued gusher of tax revenue, largely driven by a superheated real estate market, prompted the Bloomberg administration yesterday to reduce its estimate
Mortgage rates inch up (UPI) The U.S. housing market saw mortgage rates inch up this week as a report showed home prices in 10 major U.S. cities continued to decline.read more...
How will mortgage crisis affect you? (New York Daily News) The future looks pretty bleak for Fannie Mae and Freddie Mac. The bet many investors are making is that there will be a government bailout - wiping out the stocks.
Metro Police Investigating Louisville's 25th Slaying Of 2006 Louisville Metro police are working Monday to solve another slaying. Handre Neal, 31, was found shot on Kilmer Boulevard late Sunday night.read more...
Trade Group Says Sales Of Homes Will Slip in 2006 The National Association of Realtors expects fewer new and existing U.S. houses to sell with the market reaching 'plateau' levels in the new year. Prices, however, will continue to rise,
The past few months have been lonely ones for mortgage lenders, but business is picking up. The phones are ringing, and banks don’t have to give away doughnuts to attract customers. They’ve got something much more enticing to offer: rock-bottom mortgage rates.
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