Business Briefly
Sales of new homes in May climbed to the second highest level in history, providing further evidence that low mortgage rates are still fueling a booming housing market.
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Daily Mail, London, market repor Via Thomson Dialog NewsEdge) Jan. 5--FOOTSIE HITS 5,700 ON HOPES OF US RATE CUT: A wave of interest rate optimism swept the Footsie above the magic 5,700 for the first
Home construction falls for sixth month Construction spending fell in September as home building declined for a sixth consecutive month, the longest stretch of weakness in residential construction in more than a decade.Commentread more...
Bordentown City will restore historic home (Reg Req'd) The city commission is moving forward with plans to begin restoring the historic Gilder House, which dates back nearly 300 years.read more...
Wright-Patt Credit Union signs mortgage deal (BizJournals) Wright-Patt Credit Union is supplying its mortgage services to another Ohio credit union, it announced Tuesday.via
PC's wife admits deception A police officer's wife who previously admitted working as a madam, today admitted to mounting a complex 100,000 mortgage deception, a court heard.read more...
Former First Bank exec indicted Former First Bank Mortgage president Mark Turkcan lost $5 million in stock market in 1987, and spent the next 21 years playing a shell game with his company's money to