New Home Construction Up Slightly in May (Reg Req’d)
The housing market is still booming with construction of new homes rising 0.2 percent in May.
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U.K April Net Mortgage Lending Up GBP5.0 Bln Vs. GBP5.1 Bln In March - BBA (Nasdaq) (RTTNews) - In the United Kingdom, net mortgage lending rose GBP5.0 billion in April, the British Bankers' Association said Monday. Net mortgage lending fell from GBP5.1 billion in March. Net
In home sales, patience pays off Buyers used to line up when Realtor Patrick Gallagher hosted an open house, but nowadays he finds the number of home shoppers dwindling and the offers that once immediately followed
MORTGAGE BROKERS INFLUENCED BY COMMISSION: AUSTRALIAN REPORT (Asia Pulse via Yahoo! Australia & NZ Finance) Banking / finance Customers mistakenly think they are getting unbiased advice from mortgage brokers who are actually being strongly influenced by
U.S. Stocks Drop on Mortgage Probe, Slumping Dollar; GM Falls (Bloomberg.com) Nov. 7 (Bloomberg) -- U.S. stocks fell, erasing their gains since the Federal Reserve's Sept. 18 interest-rate cut, after New York expanded its probe of collusion in the mortgage industry,
Mortgage crisis no surprise to 'Housing Bubble Blog' community (Online Journalism Review) An Arizona blogger built a robust virtual community, and a full-time job, detailing the breakdown in mortgage lending standards. Here's what he can teach other journalists.read more...
Tax breaks await those who make energy-saving improvements (Reg Req'd) A federal measure recently signed into law by President Bush creates a package of new tax breaks for homeowners who make various types of energy-saving improvements.read more...