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Mortgage Rates Fall 6th Straight Week (The Boston Channel)  Long-term mortgage rates are down for the sixth straight week.read more...


U.S. Services Sector Soggy, Housing Firm  Growth in the vast U.S. services sector slowed in April, consistent with a soft patch in the economy linked to high energy prices, a report showed on Wednesday.via


Home Prices Fell at Record Pace in October    U.S. existing home prices dropped a record 3.5 percent last month, compared with the same month a year earlier, while the total number of residences sold fell 11.5 percent


Mortgage rate war fizzles out (NZCity)  Talk of a resumption in the mortgage rate war appears to have fallen on deaf ears at the National Bank, which has increased its one-year fixed rate from 7.7 percent


Mortgage, credit turmoil should be 'manageable': IMF (AFP via Yahoo! News)   The International Monetary Fund said Friday that global financial market turmoil sparked by the troubled US mortgage sector and a related credit crunch should be "manageable."read more...


Discover painless ways to spend less money  YOU'VE MADE this New Year's resolution before: save money. This time you can keep it.read more...

July 1st, 2005

Guilt admitted in mortgage fraud

Prosecutors claim that Faticone, who owned Pogal Title Agency Inc., and two others embarked on a fraud that might have cheated as many as 100 people.

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