Mortgage advances growth remains  Growth in mortgage advances is likely to remain relatively high in the short term, but slower growth is projected towards the end of the year and into 2006 in view


Interest Rate Roundup  Here's a look at the state of interest rates on five common consumer banking products and the latest rates from Bankrate.com's weekly national survey of large banks and thrifts.read more...


Briny backer finds himself in middle of mortgage mess (The Palm Beach Post)  John Devaney, the deep-pocketed, high-flying trader who's lead financier for the $510 million purchase of Briny Breezes, is facing a financial squeeze after a series of bad bets on the


Book-sellers seeking a bit of Potter magic  Grocery stores and other multi-purpose retailers could be looking to conjure up some extra revenue by selling the sixth book in British author J.K. Rowling's Harry Potter series, an industry


Attorney general forces changes in mortgage firm's advertisements (Arizona Daily Star)  PHOENIX ? A national mortgage firm known for its extensive radio advertising campaign has agreed to make changes to its marketing.read more...


Cuts in housing jobs skyrocket   Job cuts in the housing industry jumped in the first quarter and almost matched the number of cuts in all of 2006, an outplacement consultancy said Wednesday. via Pasadena

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.

via

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