May Existing Home Sales Second Highest on Record
Sales of existing homes were at the second highest pace on record in May as mortgage interest rates continued to decline, according to the National Association of Realtors.
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As expected, 30-year mortgage rate sinks after takeover (USA Today) Interest rates on 30-year fixed-rate mortgages have plunged in the aftermath of the U.S. government's rescue effort for mortgage finance companies Fannie Mae and Freddie Mac.read more...
Moms, Unlock Your Work-At-Home Potential According to the U.S. Census Bureau, 5.2 million mothers with children under age 15 stay at home to be with their children, and the Washington Post reports that number has
Harry Gross | Decision time on the mortgage (Philadelphia Daily News) Dear Harry: I was one of the early ones to buy a house with an interest-only mortgage. It enabled me to get a $150,000 mortgage at 6 percent with a
Risky mortgages SAN FRANCISCO - Once a frustrated renter, Chris Economou is now a happy homeowner, enjoying a splendid view of San Francisco and an $80,000 increase in his property's value since
Historic courthouse gets repairs With much interior work finished to hold the 115-year-old Second County Courthouse's clock tower securely in place, it is being "skinned" of its shingles.via
Fed Expected to Cut Rates for 2nd Time "They have got to slow down. It is just a question of how much and how fast." With oil prices soaring and the housing market sinking, the Federal Reserve