Banks brace for mortgage fallout, profit challenges (BizJournals) Financial outlook Direction: Slight decrease Performance: Worse than most Banks will have a tough year in 2008 as high (and rising) mortgage default rates, the deepening housing
Beef's Builds Up Business in Haines City read more...
Could Risky Mortgage Lending Practices Prick the Housing Bubble? (Knowledge at Wharton) Here's the deal: Buy your dream home and pay only interest - no principal - for the next few years. That will give you an unusually low monthly payment while
Home Depot on its way Home Depot officials expect to break ground on a new Wisconsin Rapids store in two to three weeks.read more...
Your Money Matters: Dealing with Rising Mortgage Interest Rates (Wellsville Daily Reporter) (ARA) - Many Americans are asking themselves what they should be doing in the wake of rising, and sometimes, fluctuating mortgage rates. It's an important question because for many Americans
Homebuilder Confidence in U.S. Declines to an 11-Year Low on Higher Rates Confidence among U.S. homebuilders dropped to an 11-year low this month amid a glut of unsold homes and rising mortgage rates.read more...
Fannie, Freddie tumble 40% since Monday as speculation on bailout persists Shares of Fannie Mae and Freddie Mac tumbled in New York trading yesterday to the lowest levels in nearly two decades as speculation increased that the U.S. Treasury will bail out the mortgage-finance companies, wiping out shareholders.
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