Mortgage rates hold at 6% (Pacific Business News) The prevailing mortgage rate across Hawaii was 6 percent this week, the Honolulu Board of Realtors reported Friday.read more...
Should a Job Transferee Buy in a Hot Market? Sometimes renting is the better option when relocating to a booming housing area.via
Who's Who: Building a home? Here's an easy reference guide to the pros Frank Lloyd Wright had a way of making his clients think they were working for him .via
Housing market still solid in Noblesville "The Noblesville market has been actually quite good." By the time Mark Fogle's 9-year-old home in Stoney Creek Village sold, the house he wanted to buy had also sold.
On the Psychology of Sellers The LA Times had an interesting article last week about the psychology of selling your home.Commentread more...
Selling a Home Via Auction Growing in Popularity If you are looking at selling your home quickly, a growing trend in the country is using the auction system.Commentread more...
MBIA Inc. swung to a $2.41 billion loss during the first quarter as the bond insurer faced ongoing deterioration in the credit markets and recorded billions in write-downs.
The loss equated to $13.03 per share during the quarter ending March 31, compared with year-ago profits of $198.6 million, or $1.46 per share.
Shares tumbled 7 percent, or 67 cents, to $8.76 in premarket trading.
MBIA was forced to reduce the value of its insured derivatives holdings by $3.58 billion, leading to $2.96 billion in total lost revenue, compared with revenue of $729.9 million a year ago. Net premiums written tumbled to $97.3 million from $171.3 million last year. Read more
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