Beijing involved in land 'bubble' China is in the grips of a rapidly expanding property bubble. Prices are up 12.5 percent in the first quarter compared with a year earlier.via
Mortgage Loan Interest Rates In S.Korea Fall To Record Low (Asia Pulse via Yahoo! Australia & NZ News) Mortgage interest rates in South Korea fell to a record low in May as lenders cut back rates to attract more customers, the central bank said Monday.via
Is 50 Years Too Long for a Mortgage? (KFVS12) as prices show no signs of coming down , and many of us have wondered how to stretch an already tight budget. N ow some mortgage lenders believe they might
Mortgage rates fall as economy slows (Austin American-Statesman) As national home market cools, lenders fight for shrinking group of buyers. The housing bust is hitting the mortgage market, too. Rates on long-term mortgages have dropped to their lowest
Mortgage woes buffet Wall Street banks (TODAYonline) Pedestrians in 2006 walk outside the headquarters of Bear Stearns in New York City. Concerns mounted Wednesday as media reports said two large hedge funds, which recently held investments of
Freddie Mac reports jump in mortgage portfolio (Washington Business Journal) Freddie Mac's mortgage portfolio jumped at an annualized growth rate of 16 percent in November, the home finance company announced Thursday.read more...
The 2008 Pulitzer Prize winners and finalists:
JOURNALISM:
Public Service: The Washington Post for exposing the mistreatment of wounded veterans at Walter Reed Hospital. Finalists: The Charlotte (N.C.) Observer for reporting on the effects of the mortgage crisis; Newsday of Long Island for investigation of dangerous gaps on railroad platforms.
Breaking News Reporting: The Washington Post staff for its coverage of the Virginia Tech massacre. Finalists: The (Boise) Idaho Statesman staff for its coverage of the Sen. Larry Craig scandal; The New York Times staff for coverage of a fire in the Bronx that killed nine people, eight of them children. Read more
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