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Mortgage Giants' Purchases Fell in 2004  Whether it was accounting scandals making them skittish, greater competition in the mortgage market or a changing composition of mortgage products, the nation's two giant mortgage agencies were not quite


Hill Country lifestyle  The home-building business seems to be booming in Kerr County and much of the surrounding area.via


Mortgage Applications Increase 3.2 Percent to Three-Month High, MBA Says  Mortgage applications in the U.S. rose last week to the highest level in more than three months after a recent decline in borrowing costs spurred home buying.read more...


Northern Rock board submits revised rescue plan for British mortgage lender   The board of struggling bank Northern Rock PLC said Friday it has submitted a revised rescue plan involving a larger amount of new equity to the British government. via


Realtors Crowd Conference in Search of an Edge    The housing market may be cooling, but that didn't put a crimp in the goings-on last week at the National Association of Realtors' legislative convention and trade show. read


H2Slow  read more...

October 31st, 2007

Who wins, who loses after the Fed trimmed rates?

Is the Fed rate change good, bad or a no big deal for your finances? Here’s how the Fed’s quarter-point rate cut affects both borrowers and savers.

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October 31st, 2007

Where do you stand in America’s wealth spectrum?

The financial industry is overtly obsequious toward the rich and oblivious of Americans with modest wealth.

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October 31st, 2007

Interest Rate Roundup

Here’s a look at the state of interest rates on five common consumer banking products and the latest rates from Bankrate.com’s weekly national survey of large banks and thrifts.

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October 31st, 2007

Layoff may help worker tap 401(k) early

A man who was laid off may be able to tap his 401(k) early and penalty-free, says Dr. Don Taylor.

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October 31st, 2007

Smart financial strategies after Fed rate cut

Is now the time to buy a car? To go after a home equity line? Lock in a long-term CD?

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October 31st, 2007

The big No-no’s of home remodeling

“In the kitchen, if you get tile and wood and granite countertops, and if you do not have it put together right, you end up unhappy”

Between using the Internet for finding ideas and searching super-size home improvement stores for products, lots of homeowners have been bitten by the do-it-yourself home remodeling bug. via RGJ.com



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October 31st, 2007

Area designers offer no-nos of remodeling

“A lot of people… I would not say run into trouble, but they end up with different results than they thought”

Fed cuts interest rate, cites housing slump ‘Prison Break’ star to serve 40 months Toys ‘R’ Us recalls 16,000 toys for lead Halloween tips for keeping kids healthy World-famous chimp Washoe dies Presidential … via RGJ.com



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October 31st, 2007

Mortgage counselors face skyrocketing workloads amid credit crisis

“A lot of individuals who choose this profession do it from the heart and have a desire to help people overcome the crisis”

It was one of Zach Urban’s most trying days as a housing counselor: A woman arrived on his doorstep so distraught over the thought of losing her townhome he feared she might harm herself. via San Jose Mercury News



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October 31st, 2007

America’s Housing Glut

“It’s an interesting market to be involved in.”

Houston, you have a problem—with housing inventory. And as the number of homes for sale in the country continues to creep upward thanks to waning demand, many other major U.S. cities are dealing with the same … via BusinessWeek



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October 31st, 2007

Majority of Brits choose building societies for mortgage lending (Banking Business Review)

A survey carried out by Moneyfacts.co.uk, an independent financial comparison site, covering the whole mortgage market, including fixed, discounted and variable rates over various time periods has shown that 70% of the top 250 mortgages available in the UK are offered by building societies.

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