Fed?s rate cut won?t directly affect mortgage rates (Naples Daily News) Yes, the Federal Reserve cut short-term rates. No, that doesn?t mean that mortgage rates will inevitably go down, especially in the short term. A look at mortgage rates must begin
House Of Cards: The Mortgage Mess (CBS News) Correspondent Steve Kroft reports on how the U.S. sub-prime mortgage meltdown, in which risky loans drove a housing boom that went bust, is now roiling capital markets worldwide.read
NY To Help Homeowners In Subprime Mortgage Crisis Legislative leaders and Gov. David Paterson say they've agreed to a plan to protect New Yorkers who face losing their homes as a result of the national subprime mortgage crisis.read
Home Sales Edge Up 0.4 Percent "Inventory is still high and further reduction in prices may be required in some areas to induce buyers back into the market" Sales of previously owned homes inched up
Federal Reserve Probes Inequities in Mortgage Interest Rates Federal regulators reported yesterday that African-American homebuyers are nearly twice as likely as white applicants to get mortgages with higher interest rates, though they warned that more probing is needed
Roy to look at higher property taxes (Reg Req'd) The Roy City Council will hold a special meeting Tuesday to determine the amount of a projected tax increase for the upcoming fiscal year.via
Planning to sell your home? While it’s a seller’s market these days, there are still things you should do to get top dollar.
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