Condos Fuel Rise In Existing-Home Sales In June, condominium purchases boosted home sales to a record annual rate.read more...
Help for Homeowners Hangs in the Balance Congress left town for the July 4 recess with a half-baked cake in its legislative oven -- one that has huge potential significance for the housing and mortgage markets.
Banks pursue stake in Devens Sovereign Bank's press conference last week concerning job-creating loans it made to three enterprises at Devens shows that even in the early stages of the former Army base's redevelopment, banks
Mortgage limit raised to $417,000 (Reuters via Yahoo! News) In a move that will make more expensive homes more affordable for buyers, U.S. mortgage finance regulators on Tuesday raised the limit for loans that can be bought by
Mortgage applications see big rise U.S. mortgage applications rose last week as interest rates came in mixed, an industry trade group's data showed Wednesday.Commentread more...
The time is ripe to pluck a new mortgage deal (Scotland on Sunday) HOMEOWNERS are tightening their belts, with more than a million facing a doubling of their mortgage bills, as bargain-basement fixed and discounted deals reach the end of their tenure.via
It took some doing, but Chuck Gumina is selling his Parma home and is getting out from under an interest-only mortgage he cannot afford. Wells Fargo Bank has agreed to a “short sale” on Gumina’s Pershing Avenue home for $89,000.
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