Vital Signs for the Week of June 20
The housing market was supposed to start cooling off when the Federal Reserve began raising interest rates a year ago.
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Consumers suffer as mortgage default rates hit record high (ABC via Yahoo!7 News) Mortgage defaults in Victoria reached record levels in the first two months of this year, and they are not likely to improve any time soon.read more...
Go ahead, ask God anything I don't consider myself a habitual eavesdropper, but once in a while, especially if you hear something that strikes close to home, you can't help but listen in.Commentread more...
Mortgage rates barely budge (Bankrate.com) Mortgage rates appear to be taking a holiday-season nap, changing little in the past week. The benchmark 30-year fixed-rate mortgage fell 1 basis point to 6.33 percent, according to the
Investors Look to Profit From Others' Misfortune In this week's survey of news from across the Web, Open House looks at foreclosure bus tours in California, home buyers looking for deals in Hawaii, house hunters in the
Mix and match chic Sure, that Oriental chic or Balinese resort theme can look downright fabulous in those decor magazines, but achieving it costs money.read more...
The Great Real Estate Debate Features HOME ECONOMICS The Great Real Estate Debate Housing's definitely headed for a crash! Or is it? Two of FORTUNE's in-house experts battle it out.read more...