Late Mortgage Payments Reach High Late mortgage payments shot up to a 3 1/2-year high in the final quarter of last year and new foreclosures surged to a record high as borrowers with tarnished credit
Selectees hammer for Habitat A chief petty officer selectee helps frame the new store being built for Habitat for Humanity of Camden County.read more...
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Fed may bring back 30-year bonds WASHINGTON - The 30-year Treasury bond may be making a comeback. The Bush administration, which had stopped selling the bonds in October 2001, said last week that it was seriously
Fischer Francis to Buy Mortgage Debt as Subprime Ebbs (Update2) (Bloomberg.com) June 26 (Bloomberg) -- Fischer Francis Trees & Watts plans to buy more U.S. commercial mortgage-backed securities, betting the worst of credit-market losses are over.read more...
The architect as builder Down a quiet stretch of road in this farming community, an extraordinary home is being constructed on the shores of Tampa Bay.read more...
Sales of new homes fell in February for the fourth straight month, pushing activity down to a 13-year low as the steep slump in housing continued.
The Commerce Department reported Wednesday that new home sales dropped 1.8 percent last month to a seasonally adjusted annual rate of 590,000 units, the slowest sales pace since February 1995. The decline was slightly worse than expected.
The median price of a home sold last month dropped to $244,100, down 2.7 percent from the level of a year ago. Read more
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