A slice of history that feels like home (Reg Req’d)
In 1914, an up-and-coming professor decided to build a house on Manhattan’s “Cut Glass Avenue,” the flattering name given to Houston Street.
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Mortgage applications slip, interest rates jump (Pravda Ru) The Mortgage Bankers Association's weekly application survey stated that mortgage application volume dropped 22.6 % during the week ending Feb. 15 as most interest rates grew.read more...
Federal Reserve makes it easier for private equity firms to take minority stakes in banks The Fed issued policy guidance that said it will allow investors under certain circumstances to take up to a 33 percent equity stake in a bank without running into regulatory
Staging Your Home Revisited Part One When you are selling your home, it immediately becomes a product that buyers compare with all the other homes they look at.read more...
Light Fantastic (Reg Req'd) Early on in discussions about the new home they planned to build on a steep, wooded site in Malvern, Lynne and John Neefe floored architect Bill Lecky with a line
Housing Starts, Permits Grew in April Groundbreaking for new U.S. home construction rose 11.0% in April, while private housing permits rose 5.3%, according to Commerce Department data released yesterday.via
Jefferies plans to expand mortgage trading team (AP via Yahoo! Finance) Jefferies Group Inc. plans to expand its trading, origination and selling of mortgage-backed securities, the investment bank said Tuesday.read more...