Agency Mortgage Bonds Suffering (AP via Yahoo! Finance)
Agency mortgage bonds are poised for their worst year in more than a decade, with supply up sharply and investors flocking to the safety of Treasurys.
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REAL ESTATE Q&A: Traditional life insurance offers greater flexibility than mortgage insurance (Asheville Citizen-Times) Question: What is the difference between getting the optional mortgage insurance that pays off your house if a spouse dies, versus getting traditional life insurance policies for each spouse for
Don't Pay 1,000 Too Much Here's a modern proverb for you: "Christmas spending sprees lead to loans in January!" Thanks to people spending wildly during the festive season, January is a bumper month for personal
Making business an art forum It's a tricky combo - art and business. Artists want to maintain their integrity, but they gotta eat.read more...
Sales tax on home repair, construction labor called confusing When a retired couple in Omaha decided the time was right to update and repair the bathroom in their 50-year-old home, they weren't prepared for the tax bill.read more...
Renting out your vacation home for extra income: What to do and... Empty house is 'a devil's workshop'. For upkeep of the house and for economic reasons it is good to keep the house occupied.read more...
Even as Housing Prices Cool, Families Continue to Flee Florida Throughout the state, declines in school enrollment are signs of a worrisome new trend: homeowners are being pushed out by the rising costs of homes and insurance, an influx of
November 30th, 2007
November 30th, 2007
Sector Snap: Mortgage Lenders (AP via Yahoo! Finance)
Shares of mortgage lenders soared Friday after Federal Reserve Chairman Ben Bernanke signaled his willingness to slash interest rates again to prop up wobbly financial markets.
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November 30th, 2007
Banks Give Bankrupt Mortgage Company Customers More Time (WGAL via Yahoo! News)
Banks have agreed to extend to Jan. 31 an agreement not to foreclose on customers of the bankrupt Personal Financial Management mortgage company. Friday, Nov. 30, had been the original deadline.
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November 30th, 2007
Mortgage freeze in works (Deseret Morning News)
The Bush administration and the mortgage industry, trying to combat a massive wave of foreclosures, are hammering out a proposal to temporarily freeze interest rates on certain troubled subprime mortgages. If adopted, it would be the biggest action taken to cope with the unfolding crisis.
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November 30th, 2007
Handling Mortgage Crisis (The Post-Standard)
Washington – The Bush administration and the mortgage industry, trying to combat a massive wave of foreclosures, are working out a proposal to temporarily freeze interest rates on certain troubled subprime mortgages. If adopted, it would be the biggest action taken to cope with the unfolding crisis.
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November 30th, 2007
Novice Investor at a Crossroads: Trade Up, Fix Up or Sell?
Q: I have rented a single-family house to the same tenant for 15 years. The tenant is moving out next month.
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November 30th, 2007
House’s Lending Bill Would Hurt Some Borrowers It Intends to Help
In the wake of the subprime mortgage crisis, the market has turned against all except “cream-puff” borrowers—those with no weaknesses.
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November 30th, 2007
Foreclosures, Unpaid Dues Strain Condo Boards
I’m hearing a lot these days from condominium board members who are under stress because of financial problems at their associations.
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November 30th, 2007
Real Estate Calendar
Here are some events that builders and developers have scheduled for would-be home buyers in the coming weeks. All are free and open to the public.
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November 30th, 2007
Splurging to Impress Buyers
Linda and Jose Rahona created a master bathroom with floor-to-ceiling tile, custom glass shower doors and sleek fixtures. It took three months of dust, tilers, electricians, plumbers and glaziers—and $25,000—to finish.
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