Mortgage rates edge higher, affordability drops (Bankrate.com) The week's economic data didn't surprise investors, so there was little change in bond yields and long-term interest rates. The benchmark 30-year fixed-rate mortgage rose 3 basis points to 6.39
US home sales dip as inventory jumps; prices lower A real estate "For Sale" sign sits on a residential corner in Centreville, Virginia in August 2006.Commentread more...
BofA plans mortgage organization changes (WAVY 10) CHARLOTTE, N.C. (AP) - Charlotte-based Bank of America today announced changes to its mortgage operations when it completes its merger with Countrywide Financial.read more...
Analysts Think Worst Is Yet to Come The Los Angeles property market is looking more earthbound, as the global financial crisis is beginning to play itself out in the region's real estate.read more...
Budget cuts expected to be $1.5 billion "The bottom line is that we are in an ongoing correction in Florida's real estate markets" A panel of state economists is working today to determine how much the
Housing Market Readjusting to Normal Balance Housing Market Readjusting to Normal Balance -- A lower level of home sales expected this year will create a more level playing field for buyers and sellers on the heels
We used to worry about catching a cold from an old house’s drafts. Now we worry about losing our shirts.

read more…
This entry was posted
on Friday, October 10th, 2008 at 8:23 am and is filed under Real Estate.
You can follow any responses to this entry through the comments RSS 2.0 feed.
You can leave a response, or trackback from your own site.
Leave a Reply