Housing Outlook Continues To Look Rosy
Last year at this time, the 30-year FRM averaged 6.01 percent. The average for the 15-year FRM this week is 5.20 percent, with an average 0.7 point, up from last week when it averaged 5.12 percent.
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Trooper sentenced in mortgage scheme (Pittsburgh Post-Gazette) A state police trooper was sentenced to three years' probation Wednesday for his role in a $1.6 million mortgage-flipping scheme. As part of his sentence, Thomas Henry, 38, of Penn
Home Owners Turning to Short Sales to Avoid Foreclosure Written for the web by C. Johnson , Internet News Producer Lenders are reporting more home owners are defaulting on their mortgages.read more...
New Home Construction Climbs in May WASHINGTON Jun 16, 2005 , The housing market is still booming with construction of new homes rising 0.2 percent in May.via
Change the Title to Make Sure Your House Goes to Whom You Want Q My husband and I own a house in Prince George's County as "tenants by the entirety." Both of us have been married previously, and we each have children
Lowe's reports 3Q profit increase Lowe's Cos. reported a profit increase of nearly 11 percent Monday for the third quarter, and warned its fourth-quarter results would be weaker than expected.Commentread more...
Bill lifts taxes on forgiven mortgage (Detroit News) WASHINGTON -- President Bush will sign a bill today that will help struggling homeowners by no longer requiring them to pay taxes when their lender forgives part of their mortgage.read