Housing mania will end in tears
Today’s tales of rampant real-estate speculation sound just like what we heard at the peak of the tech bubble.
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Average price of a new home in the Valley is now $416,000 Average price of a new home in the Valley is now $416,000 By Tom Coombe and Ron Devlin Of The Morning Call People buying new four-bedroom homes in the Lehigh
Flood claims swamp FEMA Property owners in high-risk flood zones who have federally backed mortgages are required by lenders to have flood insurance.read more...
Check terms of loan before refinancing Don't forget to check the terms of your mortgage before refinancing to a new loan.read more...
Mortgage rates slip to 6.18% (Pocono Record) WASHINGTON AP ? Mortgage rates around the country fell this week, with rates on 30-year mortgages sinking to their lowest level in 10 months. Freddie Mac, the mortgage company, reported
Prosecutor becomes figure in mortgage mess (Reuters via Yahoo! News) Thomas O'Brien, the U.S. Attorney for California's Central District, is emerging as a likely prosecutor in criminal cases expected from the U.S. mortgage meltdown.read more...
Housing party not over yet My last two columns laid out reasons why the housing market might be in a bubble, and why it might not be.read more...