Mortgage rates headed to 7% (CNN Money) Low mortgage rates have been the one bright spot in an otherwise devastated housing market, but now they're on the rise.read more...
Buying our way into trouble %%head%%Telling our money buy, buy (Reg Req'd) We, the people of the United States, spend nearly every dollar we make. The national savings rate -- personal savings divided by disposable income -- routinely dips close to zero,
Northeast and Western States on Unequal Footing Survey: Home-buyer, seller demand on equal footing The U.S. housing market has reached a balance in buyer and seller demand, according to a survey released Thursday, with 41 percent of
House sales drop 20% "I believe lower interest rates would benefit the economy and benefit the sector" Bovis expects job losses if conditions do not improve Lenders 'pushing out first-time buyers' Bovis Homes
Sovereign Bancorp's 3Q results to be hit by market volatility Sovereign Bancorp Inc. said Friday that deterioration in the consumer-credit environment and volatility in the mortgage-backed securities and credit markets will cause it to boost its provision for credit
Mortgage applications hit a 2008 low; most rates slip (USA Today) Mortgage application volume tumbled 14.1% the week ended July 25, hitting its lowest level of the year, according to the Mortgage Bankers Association's weekly application survey.read more...
A19 According to the Canada Mortgage and Housing Corporation , the average Multiple Listing Service house price in Canada is forecasted to grow by only 5.2 per cent in 2008, a more moderate increase than the …
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