Fannie, Freddie Expand in a Bright Spot
Fannie and Freddie are demanding higher returns from lenders in exchange for buying loans that help finance rental-apartment buildings, as the two mortgage-finance giants expand in the sector.
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Stocks Sink on Housing, Economy Worries Stocks stumbled Tuesday as worries mounted that the nation's housing market may be slowing sharply enough to seep into the broader U.S. economy and crimp consumer spending.Commentread more...
Mortgage rates creep higher (CNN Money) Mortgage rates crept higher this past week, with long-term rates seen moving up if the Federal Reserve continues to raise the overnight bank lending rate, Freddie Mac said Thursday.read more...
Housing market still strong While Jodee Simpson was ready for a house with a little more room, she was worried about what she'd find in the Great Falls real estate market.read more...
Re-arrested, contractor stays on probation A former Orange home improvement contractor, who ignored a court order to repay hundreds of thousands of dollars to area homeowners he defrauded and instead used the money to
To Gauge Subprime Mortgage Fallout, Bond Market Eyes CDOs (Nasdaq) NEW YORK -(Dow Jones)- With mortgage borrowers who have less than perfect credit and the banks that lend to them under pressure, investors are watching closely to see if the
Woodstock Nation Faces Retirement It may seem as if retirement is in the distant future, but it's never too early to start planning to enjoy and finance those golden years.read more...