Funding slows condo high-rise boom
A lack of institutional financing, developer equity and hard contracts are placing speed-bumps in front of Las Vegas’ runaway high-rise condo boom.
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Inflation above official target Inflation remained above the Bank of England's 2% target last month as higher gas and electricity bills continued to take their toll, official figures showed.read more...
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Bank of America eliminates mortgage fees (BizJournals) Bank of America Corp. has expanded its no-fee mortgage program nationwide.read more...
From Soup to Nuts Took a Lot of Plates read more...
Mortgage rates edge up again (San Jose Mercury News) Mortgage rates around the country went up this week, with rates on 30-year mortgages climbing to their highest point since late December.read more...
U.S. mortgage toll could keep soaring (International Herald Tribune) Economists say the meltdown in the U.S. mortgage market could, all told, cost financial firms and investors $400 billion. That is far more than the roughly $240 billion that the