Local Booms Weigh Heavily on Overall Sector The hottest housing markets account for 35% of the total U.S. value, increasing the impact a price drop would have on the economy.via
Mortgage Application Volume Rises (AP via Yahoo! Finance) Mortgage application volume increased 2.5 percent for the week ending Dec. 7, according to the trade group Mortgage Bankers Association's weekly application survey.read more...
34 percent of homeowners are clueless about their mortgage (Bankrate.com via Yahoo! Finance) A recent Bankrate poll showed that more than a third of the nation's homeowners are confused about their mortgages. And, 28 percent worry about making their mortgage paymentsread more...
Real Estate Is There a Bubble? Subscription offers detailed economic analysis by Subscription Published Research, a service of GammaWealth Strategy & Research, LLC.read more...
Bank of Japan keeps interest rates steady "The worst appears to be over for the global financial market, but recently rising oil and food prices are making economic policy management difficult" Japan's central bank kept interest
Don't get burned on a dirt-cheap mortgage (The Providence Journal) Psst . . . Have I got a deal for you -- a dirt cheap mortgage that lets you decide how much to pay each month. And don't worry about
North Carolina is the least expensive state for mortgage closing costs, according to a study released this week by Bankrate.com. The state unseated Indiana, last year’s winner, for the honor.
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