Mortgage Rates Drop (Washington Post) WASHINGTON -- Mortgage rates around the country edged down this week, with rates on 30-year home loans sinking to their lowest point in a month, good news for prospective buyers.read
Valley Savings, First Federal of Lakewood, Third Federal Savings have few bad mortgage loans (The Plain Dealer) f you wanted to count the number of bad mortgage loans at Valley Savings Bank in Cuyahoga Falls, you could do it on one hand. The 85-year-old family-owned bank has
The ultimate for the Martha fan: a whole Martha Stewart subdivision The pitch: KB Home, one of the nation's largest home builders, moves into the higher-end market with a subdivision co-branded with domestic maven Martha Stewart.read more...
Interest-only mortgages can be a huge gamble SAN FRANCISCO - Once a frustrated renter, Chris Economou is now a happy homeowner, enjoying a splendid view of San Francisco and an $80,000 increase in his property's value since
Housing woes send borrowers, lenders back to safety of mortgage insurance (Lincoln Journal Star) Mortgage insurance, which fell out of favor during the days of 100 percent financing and combo loans, is making a comeback.read more...
Commercial work may offset decline in home building Commercial construction is gaining momentum in Florida and across the nation, counterbalancing the slowdown in residential development, a trade association economist said Monday.read more...
DAYTON, Ohio—Democrat Barack Obama told Ohio voters Thursday that Republican John McCain’s mortgage buyout plan would cost them billions of dollars and reward bad behavior by lenders.
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