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Online Shoppers Beware of the Pitfalls of Going Alone

Home shopping alone – without the help of a professional even when online – can become a huge handicap for home buyers. Here are four reasons: Late information. Shoppers who limit themselves to only looking at real estate Web sites will overlook some very...

FED Official: Housing is Key to End Recession

While the current recession will be longer and more severe than predicted, housing will help lead the country out of the downturn, Boston Federal Reserve Bank President Eric Rosengren told the Massachusetts Mortgage Bankers Association at its annual meeting. Rosengren...

Buyers Lured to Bargin Luxury Properties

Prices for luxury second-home markets are falling out of the stratosphere–and attracting buyers who were previously priced out of the market. Prices in the Caribbean have dropped by $500,000 and European retreats in Spain, Malta, and Portugal are down 30 percent, says...

Free Tickets for Military at Busch Gardens and SeaWorld 2009

Busch Entertainment Corp. is again offering free admission to most of its parks for members of the military and their families. The amusement park subsidiary of Anheuser-Busch InBev announced it was renewing its program that is being sponsored by Budweiser. The...

Mortgage Rates Fall to Third Straight Record Low

WASHINGTON – Jan. 5, 2009 – Rates on 30-year mortgages fell to a record low for the third straight week and borrowers took advantage of the drop, sending new applications soaring. With the Federal Reserve on the verge of pouring hundreds of billions of dollars into...