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Mortgage borrowers look for stability (CNN Money)  Freddie Mac, the government sponsored enterprise created to add liquidity to home-mortgage markets, reported Monday that borrowers with adjustable rate mortgages (ARMs) are overwhelmingly choosing to switch to fixed-rate loans


Fed interest cuts don't mean lower mortgage rates (The Post and Courier)  During his 19 years as a real estate agent, Fudgy Brabham, owner and broker-in-charge of Harbourtowne Real Estate in Mount Pleasant, has seen market trends come and go.


Even Middle-Class Are Asking for Help Heating Their Homes  Even the middle-class, those with mortgages and 2-incomes, those with high credit-card bills, are coming in asking for assistance as heating bills rise.read more...


Remodeling is booming  You will have your doubts as to the wisdom of this, but last Sunday I started painting my house.read more...


Reverse Seafood Sting  BETHLEHEM, PA-August 4, 2005 , A rash of thefts of seafood and fresh meat have been reported by large grocery stores in Bethlehem.read more...


Housing decline pushing down price of lumber  If you've been putting off adding another room or remodeling your kitchen or bathroom, now may be the time to pull the trigger on the old nail gun.Commentread more...

May 10th, 2008

Appraisal Changes Face Resistance

COMMENT By Kenneth R. Harney Saturday, May 10, 2008; Page F01 A legal brawl is breaking out over how homes are appraised, at what cost and by whom. via The Washington Post



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