Growth in Families' Wealth Stalls Americans may feel much richer because of soaring home prices, but they're not. read more...
Countrywide vote on merger to end mortgage era (Reuters via Yahoo! News) Countrywide Financial Corp shareholders vote on Wednesday to approve the largest U.S. mortgage lender's purchase by Bank of America Corp, marking the demise of the company perhaps most closely
REAL ESTATE: Mortgage info's a junk mail magnet (The Charlotte Observer) Q. At age 73, I recently refinanced my reverse mortgage. Since then I am being bombarded with letters from insurance companies wanting to sell me disability insurance. I am infuriated
Price of houses will drop, says Reserve Bank head Reserve Bank Governor Alan Bollard expects house prices to start falling by the end of the year as higher interest rates begin to bite.read more...
Plan to pull tech firm to city gains momentum (Reg Req'd) One by one, the pieces appear to be slowly falling into place in Slidell's yearlong effort to bring a major high-tech company to the city-owned Defense Information Systems Agency at
House panel weighs tax relief on mortgage debt (Reuters via Yahoo! News) Homeowners who lose their house to foreclosure would no longer face a federal tax bill for their unpaid mortgage debt under a bill being drafted in U.S. House of
Obviously, no one knows for sure. The first half of 2005 was particularly humbling for forecasters.
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