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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Home remodeling still hot in region Even with the downturn in the real estate market, Americans are expected to spend more than $170 billion remodeling their homes in 2008.read more...
Mortgage squeeze tightens further (BBC News) The mortgage squeeze continues to tighten with a further drop in lending, says the Council of Mortgage Lenders.read more...
Bridging the Gap Between Selling Your Home and Buying a New One Buying a new house while putting your old one up for sale can be a logistical nightmare. We offer guidance on how to navigate the transition.read more...
A Gamble That Went Bust The collapse of ANB, an Arkansas bank that went bust last week in the biggest failure of a brick-and-mortar U.S. bank in more than a decade, is an ominous sign
Second mortgage holder can foreclose (Bankrate.com) Dear Dr. Don, Can a second mortgage holder foreclose on a property? Even without the first mortgage being in arrears? Dear Wes, Bad news. The second mortgage lender can foreclose
Mortgage broker in administration (Adelaide Now) AN ADELAIDE private mortgage broking firm has been placed in administration owing more than $9.5 million.read more...