Close Call For Rate Decision
Calls from business leaders and home owners for lower interest rates are likely to go unheeded.
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U.S. mortgage delinquencies jump in third quarter (Market Watch) CHICAGO (MarketWatch) -- U.S. homeowners had a harder time keeping up with their mortgage payments in the third quarter, the Mortgage Bankers Association said Wednesday, with the delinquency rate rising
Building boom echoes economy Guido Mazza says while the city's mining sector is "hitting on all cylinders," there are also millions being spent in institutional and commercial projects.via
Sting Catches Illegal Contractors Nineteen people were arrested during a state-supervised sting targeting unlicensed building contractors in Los Angeles County.Commentread more...
Growth Plan Created for Airport Area read more...
Valley's home market No. 1 (Reg Req'd) The good news: Home prices soared 55.2 percent across metropolitan Phoenix in the past year, making it the nation's hottest housing market.read more...
Washington Mutual cuts subprime jobs, adds more mortgage sellers in branches (AP via Yahoo! Finance) Thrift bank Washington Mutual Inc. said Thursday it will cut 1,000 jobs, eliminating its sales force dedicated to mortgage borrowers with questionable credit and slashing some of its wholesale