Mortgage application volume rises (CNN Money)
Mortgage Bankers Association weekly survey says the number of mortgage applications filed increased 48% last week; jump driven by refinancings.
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Economists raise forecast for US home sales this year Housing industry economists raised their forecast for home sales in the United States this year, noting that demand remains strong due to lower-than-expected mortgage rates, the Wall Street Journal reported
Mortgage brokers offer borrowers alternatives (Toledo Blade) JACK HOWARD, a Sylvania Township mortgage broker, has seen dozens of competitors crop up in the last two decades, especially during the recent mortgage and refinancing boom of recent years.read
New retail chief named Charles Schwab Corp. named a new head for its key retail-investor business in a move likely to have broad implications for the brokerage's strategic direction and succession planning.read more...
Ameriquest Mortgage to Cut 1,500 Workers (Los Angeles Times) The corporate parent of Orange-based Ameriquest Mortgage today said it would lay off 10% of its nationwide workforce ? about 1,500 employees ? as the long-running housing boom and demand
American Dream eludes more and more local residents This is the first of a four-part series examining the challenges people face when seeking a home in Chugiak-Eagle River, where real-estate prices continue to escalate.read more...
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