County to help homebuyers Some first-time homebuyers will get a financial break as Albemarle County teams up with the Piedmont Housing Alliance to offer money toward down payments.via
Refinancing follows falling mortgage rates Falling U.S. mortgage rates are giving homeowners who financed residences with exotic loans a chance to refinance, an industry group says.Commentread more...
Your Money Matters: Dealing with Rising Mortgage Interest Rates (Evening Times) (ARA) - Many Americans are asking themselves what they should be doing in the wake of rising, and sometimes, fluctuating mortgage rates. It's an important question because for many Americans
Mortgage CEO defends New Century (Orange County Register) The head of Impac Mortgage Holdings Inc. says investment banks have overreacted to the Irvine lender's delinquency problems.read more...
Construction of new homes and apartments showed no change in June Construction of new homes and apartments showed no change in June. That's perhaps the first indication that the red hot housing market is starting to cool off.read more...
Mortgage Insurers Spent $4.6M Lobbying (AP via Yahoo! Finance) The trade group for mortgage insurers spent $4.6 million lobbying the federal government last year on issues dealing with the housing market slump and mortgage mess.read more...
Mortgage approvals fell close to a decade low in February as the property market slumped and cash-strapped banks reined in lending, Bank of England figures showed yesterday.
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