Investors Urge Broad Solutions for Foreclosures
As the number of foreclosures goes up, the Association of Mortgage Investors is suggesting a more extensive approach to preventing homeowner defaults.
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Housing Starts and Permits Rise in March
A positive sign for recovery: Both housing starts and building permits went up last month.
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Mortgage Rates Fall
Average rates on 30-year fixed mortgages went down this week, back within range of historic lows.
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Entrepreneurs Can’t Count on Equity for Loans
Owners of small companies and start ups can no longer rely on borrowing against equity in their homes and businesses to fund their ventures.
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Tax Credit a Mismatch With Buyers’ Schedules
National Taxpayer Advocate Nina Olson testified before the Senate Finance Committee about problems with IRS management of the home buyer tax credit.
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A Condo Ghost Town in Baja
In Mexico’s Baja Peninsula, financing and buyers for condo projects have dried up.
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