by admin | Jan 13, 2009 | News
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...
by admin | Jan 12, 2009 | News
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...
by admin | Jan 6, 2009 | News
WASHINGTON – Jan. 6, 2009 – Don’t believe everything you read, says NAR. There is some misinformation in the media lately about the required size of a down payment for a mortgage in today’s market, and the blog world is a buzz with misperceptions. Not all so-called...
by admin | Jan 6, 2009 | News
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...
by admin | Jan 5, 2009 | News
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...
by admin | Dec 19, 2008 | News
Financial mogul Sam Zell, beleaguered owner of the Tribune Co. that declared Chapter 11 bankruptcy last week, told an Israeli business conference Sunday that the U.S. real estate market will be in recovery by spring 2009. Zell pointed out that the U.S. population is...
