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Changes coming to credit scoring may hamper authorized users   A pending change to a popular credit scoring system is about to it make it much harder for people to polish their credit by riding the coattails of someone


Despite Slow Economy and Rising Energy Prices, Analysts See More Fed Rate Hikes in Future  In coming months, consumers can expect more of what they have seen for nearly a year - a gradual increase in interest rates controlled by the Federal Reserve.via


Hot Housing Market Crosses the Border  Lured by 300-plus days of sunshine and "good, fun waves," Greg Leach is tapping the equity from his three-bedroom Mountain View home to build a vacation getaway near this small


OceanFirst shutting down subprime unit  "It was never a very stable source of revenue" OceanFirst Financial Corp. has begun shutting down a subsidiary that was responsible for making millions of dollars in subprime loans


Happy With Homeowners Groups    About 57 million people live in communities governed by associations, including homeowners associations, condominiums and cooperatives. A 2005 survey of association members by Zogby Research found: read more...


Bank of America investment key deal for China  Bank of America's decision to buy a major stake in China's largest mortgage lender, announced early yesterday, is a major shot in the arm for China's creaky and debt-laden financial

June 24th, 2005

New-home sales in May rose to second highest level

Sales of new homes in May climbed to the second highest level in history, but the median sales price fell sharply, the government reported yesterday.

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