Fed raises interest rate, plays down inflation fears The price of a barrel of crude hit a record high this week. Housing prices continue to soar.read more...
Factory Orders in U.S. Rise 2.5 Percent in Second Straight Monthly Gain Jan. 4 -- U.S. factory orders increased in November, aided by surging aircraft bookings that offset the biggest decline in business equipment demand since July.read more...
Bank of England Holds Benchmark Rate at 4.5 Percent for a Third Month The Bank of England kept its benchmark interest rate unchanged for a third straight month amid signs of stronger growth in service industries and concern about accelerating inflation.read more...
Summer revival in mortgage lending stretches on (The Scotsman: Business) MORTGAGE lending remained robust last month as the housing market's summer resurgence showed little sign of cooling, figures showed yesterday.read more...
Wall Street Rises After Gains Overseas Wall Street rebounded Tuesday as investors were encouraged by a recovery on world markets and moved to recoup some of the big losses suffered in last week's sharp pullback.Commentread more...
Insurance can cut your mortgage payment (Austin American-Statesman) You can get lower monthly payments in some cases by getting a home loan with mortgage insurance rather than a piggyback loan. Don't assume that your loan officer or mortgage
Anyone who has been hesitant about jumping into real estate until conditions settle down should keep in mind these dates: April 9, 2008, through June 30, 2009.

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