Types Of Bankruptcy

Long-Term Mortgages Are Getting More Expensive as Rates Rise  Borrowers seeking a good deal on home loans are running out of options. Fixed-rate, 30-year mortgages now average about 6.5%, their highest level in more than two years.read more...


The Latest in House and Home   Although remodeling your kitchen isn't cheap, you can expect to recoup much of the cost when you sell your house -- and it might even make it easier to


VALUABLE EXPERIENCES    Joshua Archibald, 35 Sold his Capitol Hill home just before the real estate market slowed read more...


Front porches make better neighbors  "We had rented the upstairs apartment and fell in love with the neighborhood" "We've got the best porch in Midtown," boasted David Donaldson, sitting just 20 feet away from


Mortgage Crisis Reaches Resorts   PARK CITY, Utah -- With the developer forced into bankruptcy court, Hugh Smith worries about the $1 million he and a partner sunk into bare lots at Promontory, a half-built,


Be careful with refinancing  About a year and a half ago, I decided to refinance my home. Not knowing anything about this, I turned to a nationally advertised mortgage company.via

April 1st, 2008

Construction Spending Down For 24th Straight Month

Construction spending fell again in February as home building tumbled for a record 24th straight month.

The Commerce Department reported Tuesday that overall construction activity dropped 0.3 percent in February, reflecting weakness not only in home building but also in nonresidential activity. Only government building projects showed a gain in February.

Residential construction fell by 0.9 percent in February. Residential activity has fallen every month since March 2006, a record period of declines that underscored the severe downturn going on in housing. Read more



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