New mortgage products a game of risk
If the real estate loan industry were a fashion runway, the latest spring line-up would feature 40- and 50-year mortgages with a splash of no-interest and option adjustable-rate loans.
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Mortgage rates sink to lowest level in 10 months Mortgage rates around the country fell this week, with rates on 30-year mortgages sinking to their lowest level in 10 months.Commentread more...
U.S. Housing Poised to Recede Frustrated that steadily increasing the federal funds rate in quarter-percentage-point increments hasn't driven up the low long-term mortgage rates that have helped fire up the housing market in recent years,
Home builders feel bears' claws (Reg Req'd) Faced with rising inventories of unsold homes and reluctant buyers in many markets, home builders have been warning investors since late 2005 that the red-hot housing market was shifting to
Online readers cast blame for mortgage meltdown (Fort Worth Star-Telegram) Visitors to a star-telegram.com online poll pick bankers and mortgage lenders as being most culpable.read more...
How I Got Fired By My Interior Designer Wall Street Journal correspondent Nancy Keates enlists a professional to help choose furnishings for her new home. But she gets an education on how not to hire someone. read
Party Furniture With a Pedigree For Style-Conscious Homeowners More companies are moving into the event-decor business renting custom or luxury items to hosts and hostesses who want more for their events than plain-vanilla rental.read more...
April 30th, 2006
April 30th, 2006
Two Views of Real Estate Boom
Source: Business Week Publication date: 2006-05-01 Any time you get two market heavyweights to predict the future of the real estate boom, you’re going to attract a lot of investor interest.
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April 30th, 2006
The FBI and Illegal Cell Phone Records For Sale
A while ago, I blogged about companies that were selling records of the numbers people call on their cell phones on the Internet.
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April 30th, 2006
IndyMac eyes IPO for blossoming reverse mortgage biz
IndyMac Bancorp Inc. said Monday said it’s considering an initial public offering for its Financial Freedom Senior Funding Corp.
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April 30th, 2006
An office in the sky
When the IDS Center opened in 1975, Heitman’s Minneapolis office was one of the first tenants.
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April 30th, 2006
IndyMac eyes IPO for blossoming reverse mortgage biz (Market Watch)
NEW YORK (MarketWatch) – IndyMac Bancorp Inc. said Monday said it’s considering an initial public offering for its Financial Freedom Senior Funding Corp. as net income at the reverse mortgage unit doubled in the first quarter.
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April 30th, 2006
As Housing Market Slows, the Supply Continues to Grow
This spring, the region’s housing market is visibly slower than it was a year ago, with much higher inventories of homes for sale and fewer transactions. However, it appears that developers aren’t dialing back their production of new housing by much, especially for large, multiunit properties.
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April 30th, 2006
Migrant worker loss ‘costs millions’
When immigrant workers stayed away from home construction sites en masse last week, they exacerbated a problem that has been getting worse in Las Cruces for years.
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April 30th, 2006
Development on key corner in Estero
The palmettos and scrubby grass and weeds, and even the cabbage palms, are gone to the graders, but big, shady oak trees remain.
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April 30th, 2006
Homework important for hiring contractor
As the spring home improvement season gets under way, the Better Business Bureau is warning residents of recent scams in New Jersey.
read more…
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