Sector Snap: Mortgage Companies (AP via Yahoo! Finance) Shares of Thornburg Mortgage led a mostly down day Tuesday among mortgage stocks, after the company said its third quarter losses would be higher than originally anticipated.read more...
Mortgage rate falls to 6.23 percent (Portsmouth Herald) NEW YORK - The benchmark 30-year, fixed-rate mortgage fell 10 basis points to 6.32 percent, according to the Bankrate.com national survey of large lenders. A basis point is one-hundredth of
Council anguishes over new laundromat It was a long night in City Council chambers on Tuesday. With only four members present, David Andreasen was absent, the council made decisions ranging from extending building permits to
When a Flip Flops, Investors Look to a Lease-Option Plan An Oregon couple purchased a brand-new bungalow as an investment and are marketing it for-sale-by-owner. Potential buyers have been scarce, however, so the homeowners are also offering it through a
Why Lenders Are Leery of Short Sales Lenders have been slow to take advantage of a longstanding alternative to foreclosure -- a so-called short sale. At first glance, a short sale might seem like a win-win for
Mortgage Rates At Four-Month High Upbeat economic news helped push long-term mortgage rates to their highest levels in almost four months this week.Commentread more...
5583 Bloomfield, Lakeland | $267,000 NEIGHBORHOOD: Bloomfield Hills SALE DATE: April 17 TIME ON MARKET: 10 months SQUARE FOOTAGE: 2,361 BEDROOMS/BATHS: 4/2 AMENITIES: Pool, hot tub, volume ceilings LISTING AGENT/FIRM: Ruthe Jameson, Re/Max Experts more»
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