Reuters - Fannie Mae , the largest U.S. nhome funding company, said on Wednesday its mortgage portfolio njumped in April, as expected, but contraction looms now that nthe company's regulator has capped its holdings. Read More…
AP - When it comes to home mortgages, some people are thinking really long term by taking 40-year or 45-year — or even 50-year — loans. Read More…
Fixed rate mortgages continued to creep up during the week ended May 25nwhile there was a slight easing of adjustable rate products according tonthe Weekly Primary Mortgage Market Survey released by Freddie Mac. nn The average rate for 30-year fixed-rate mortgagesnticked upward to… nnn Read More Nownn Read More…
Anyone thinking of cashing in stocks, bonds, 401(k)s, etc., to pay off their mortgage? Read More…
It’s a gimmick, but a good gimmick. To publicize its website, apartments.com is running a contest between three twenty-somethings who want to move out of their parents’ homes. The Chicago-style balloting (”vote early, vote often”) allows website visitors to vote…n Read More…
Reuters - U.S. mortgage applications fell last nweek, reflecting a decline in home refinancing loans as ninterest rates climbed, an industry trade group said on nWednesday. Read More…
AP - Japanese stocks plunged to their lowest level in three months Wednesday on investor jitters about the future of U.S. and Japanese interest rates and anxiety about declines on global markets. Read More…
A Philadelphia tract offers a suburban campus feel with city advantages and drawbacks. Read More…
Norwich, Conn., seems to be experiencing a reversal of fortunes as developers convert its old mills and hotels to luxury apartments and open stores. Read More…
A state appeals court reversed the disqualification of a lawyer who had advised both the developer and a state agency that is reviewing the project. Read More…