Types Of Bankruptcy

Source of House Data Skews Loan Losses  Wachovia and Washington Mutual are using housing-market data that might be less-negative than those used by other lenders.read more...


Suburban McMansions Continue to Expand  The McMansion has been supersized. Even as economists debate whether discounts on some high-end homes signal a broader softening in the housing market, one indicator continues to rise: The biggest


MCI finance chief to join Fannie Mae  Mortgage giant Fannie Mae on Thursday said it has hired the chief financial officer of MCI Inc.read more...


Renters Gloat Over Housing Slump  Some who missed the price run-up feel vindicated now for resisting their 'nesting instincts' while sitting out the market.read more...


Officials say funds for lawsuits not part of budget  REDDING , As voters go to the polls Tuesday to vote on the $36.64 million 2005-06 Redding budget, they can do so knowing none of that figure will go toward


Is it Time For You to Switch To a Fixed-Rate Mortgage?  Thousands of homeowners who took out high-risk adjustable-rate home loans this year face interest-rate resets, which could make it hard to meet monthly payments. Here are tips to help you

July 9th, 2008

U.K. Mortgage Rates Surge, Consumer Confidence Slumps (Update2) (Bloomberg.com)

July 9 (Bloomberg)—U.K. mortgage rates surged to the highest in eight years and consumer confidence dropped as the worst housing slump in three decades deepened.

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