Recent Uptick in Mortgage Applications
Home loan applications rose this week as refinances decline, according to the Mortgage Bankers Association’s weekly survey. But purchase applications are down 10.7 percent from the same week in 2009.
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Electric Car Charging Stations Gain Speed
KB Homes is wiring new developments in California with charging stations to appeal to electric car-owning home buyers.
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Lower Delinquency in Commercial Loans
Commercial and industrial loans outperformed other loans during the fourth quarter of 2009 with a delinquency rate of 4.39 percent.
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Financial Overhaul Gets Another Push
U.S. Treasury’s Michael Barr says a “redoubling” of efforts to tighten financial regulations is underway, while Congress debates the role of a proposed consumer protection agency.
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House Hunting Via Real Estate Apps
Real estate apps for smart phones are becoming more popular as Zillow.com reports users viewing 2 million property a month on its free app.
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