Midwest boosts new home sales
CHICAGO , New home sales in May rose to the second-highest level in history, led by a huge spike in the Midwest.
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Now families face £1,300 a year mortgage increase (Evening Standard) Families face a £1,300 annual increase in their mortgage payments after the country's biggest building society announced a rise in its lending rates. The Nationwide will today hit homeowners with
Tangent man converting historic church into new home Jay Parmele wanted to convert either a church or a barn into his new home. "I saw this church on the market, so I just did it," said Parmele, who
Banks can't sell complex financial paper Banks unable to sell complex financial paper The volatile Wall Street market has sparked vast losses at major banks and has also exposed the trillion-dollar trade in mortgage-backed securities,
Greenspan defends subprime mortgage market (USA Today) Former Federal Reserve chairman Alan Greenspan defended the U.S. subprime mortgage market, arguing the repackaging and sale to investors of risky home loans not the loans themselves was to blame
Cerberus, H&R Block End Mortgage Deal (San Francisco Chronicle) Cerberus Capital Management LP and H&R Block Inc. said Tuesday they terminated their agreement for Cerberus to purchase H&R Block's mortgage subsidiary, which has now stopped accepting new mortgage applications.
Accommodate Aging in Place News & Advice > Home Improvement Accommodate Aging in Place by Al Heavens A few weeks ago, an enthusiastic publicist trying to promote a product e-mailed me with a novel