Mortgage applications slip as rates rise (CNN Money)
According to the Mortgage Bankers Association’s weekly application survey, volume fell 15.3% during the week ended May 30.
read more…
Professional Home Decor Tips For Selling, Staying and Going Green Despite a slumping economy, home improvements remain a popular investment for homeowners.read more...
H&R Block reports $85.5-million 4Q loss on struggling mortgage arm (The Globe and Mail) Expected to sell Option Mortgage division at a discount read more...
Stocks in U.S. Climb on Rate Optimism; Trading Halted Early by Malfunction U.S. stocks advanced after a survey showing that manufacturing grew more slowly and inflation was less widespread signaled the Federal Reserve may soon end its series of interest-rate increases.via
Bush Outlines Aid For Mortgage Holders (CBS News) President Bush outlined ways the federal government can help troubled borrowers keep their homes Friday in an effort to address rising foreclosures fueled by the mortgage crisis.read more...
A Neighborhood Built Around Religious Ritual Orthodox Jews do not use phones on the Sabbath and on some holidays. Nor do they drive. read more...
Housing prices up, but sales go down (Reg Req'd) Bay Area housing costs advanced in August, but sales declined for the second consecutive month and many observers believe the long-running price ascent will soon slow or reverse.read more...