by admin | Oct 24, 2008 | News
WASHINGTON – Oct. 24, 2008 – Federal regulators told Congress Thursday they’re working on a plan that could help many distressed homeowners escape foreclosure in a global financial crisis that Federal Reserve Chairman Alan Greenspan warned will get worse before...
by admin | Oct 24, 2008 | News
Travelers looking for alternatives to hotels have helped grow the vacation rental market to a $24.3 billion industry, according to a new study. Sherman, Conn.-based travel research group PhocusWright Inc. conducted the study, which forecasts that online vacation...
by admin | Oct 24, 2008 | News
WASHINGTON (AP) – Oct. 24, 2008 – Rates on 30-year U.S. mortgages dropped sharply this week, falling to the lowest level in five weeks. Mortgage giant Freddie Mac reported Thursday that 30-year, fixed-rate mortgages averaged 6.04% this week, down from 6.46% last week....
by admin | Oct 22, 2008 | News
LOS ANGELES – Oct. 22, 2008 – Maribel Carrillo is one of the new, happy-ending stories for bank regulators who hope to stem the foreclosure pandemic by modifying delinquent mortgages in bulk. Carrillo, 32, lost her $150,000-a-year job managing a record label in Los...
by admin | Oct 19, 2008 | News
Existing single-family homes outsold new homes sales in fourth-quarter 2008, according to a new joint report by the Orlando Regional Realtor Association and Attorneys’ Title Insurance Fund. A total of 4,026 existing single-family homes sold in the fourth quarter,...
by admin | Oct 18, 2008 | News
WASHINGTON – Oct. 13, 2008 – Veterans across America now have expanded homeownership opportunities, thanks to the Veterans’ Benefits Improvement Act of 2008 signed by President George W. Bush on Friday. The bill includes housing provisions for veterans who are already...
