Rate Trend Index — Mortgages
Each week, Bankrate.com surveys experts to gauge which way the interest rates are headed on mortgages—a vital tool if you’re about to buy a home.
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U.S. Home Construction Jumps; Fed Report Notes Cooling Signs Housing starts increased 3.4% in September and building permits rose 2.4%. The Fed's 'beige book' found rising prices nationwide, and policy makers suggested that more interest-rate increases are to come.read
FDIC 99-year payment rule is urban myth The notion that the FDIC has 99 years to pay depositors is an urban legend, says Dr. Don Taylor.read more...
Developer gets six-year prison term for scamming sewer district (Reg Req'd) A real estate developer who talked a tiny sewer district into selling $20 million in municipal bonds for a commercial center that was never built has been sentenced to nearly
District and Trade Unions Building Construction Work Force Hundreds of construction apprenticeship positions are opening up in the Washington area.read more...
Quicken Loans Advances With Emc Costa Mesa, Ca: EMC Corporation, the world leader in information storage and management, announced today that Quicken Loans, the nation's largest online mortgage lender per National Mortgage News, has implemented the EMC ...via
Rich vein of low-income buyers gets a break Weirdness abounds in real estate, but sometimes a transaction is so peculiar that even after the deal goes through it continues to haunt you.read more...