Banks run Bollard's red light Reserve Bank governor Alan Bollard is warning that interest rates could rise, but some banks have broken ranks and are cutting fixed-term mortgage rates.via
Get your pad ready for the party season "If you can't get rid of it or clean it up, bin it and hide it in the closet. You don't want that to be the first thing people see
Bush: Mortgage deduction to stay a part of tax law (Reuters via Yahoo! News) President George W. Bush on Friday rejected the idea of any change in the U.S. tax code that would eliminate the deduction for mortgage interest.read more...
Easing the financial burden in a time of crisis When facing a health crisis such as cancer, the last thing a person or their family wants to worry about is finances to sustain their lifestyle.read more...
Rate Trend Index -- Mortgages Each week, Bankrate.com surveys experts to gauge which way the interest rates are headed on mortgages -- a vital tool if you're about to buy a home.read more...
Stock markets signal early weakness, crude oil prices move up Bridging the Gap with Dr. Karyn Gordon Car Talk with Alan Gelman Dr. Joe Schwarcz Dr.via
Construction of new homes posted the biggest increase in more than two years in April. While it was a rare spot of good news for the housing market, analysts said it’s far too soon to declare an end to the prolonged slump.
The Commerce Department reported Friday that housing construction rose by 8.2 percent in April to a seasonally adjusted annual rate of 1.03 million units. Building of single-family homes continued to weaken, however. The growth came from a big jump in apartment construction. Read more
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