4/7/2007 8:33:00 AM
How Bad is the Subprime Market?
WSJ - Subprime mortgage have been cropping up in surprising spots. Typically, these loans to home buyers with the weakest credit were concentrated in lower-income or economically depressed areas. But over the past few years, a large chunk of the subprime-loan ...
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11/14/2006 2:17:00 PM
Are Foreclosures on the Rise?
Foreclosures in Massachusetts climbed 66 percent in the third quarter compared to the same period last year, according to Foreclosuresmass.com . The Framingham company said lenders initiated 4,891 foreclosure actions in the quarter. The 1,731 foreclosures ...
Views: 147
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11/12/2006 7:20:00 PM
Will 2007 be a Buyer's Market?
The housing market correction has further to run, with new-home construction expected to fall another 12% next year, according to the Wall Street Journal in an updated forecast for 2007. While the market for existing homes will probably flatten out, the new-home ...
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11/12/2006 2:41:00 PM
Will Rates Rise in 2007?
According to Kiplinger , the Federal Reserve will probably keep interest rates steady for most or all of 2007. The Fed is caught between a rock and a hard place: On the one hand, the surprising drop in the unemployment rate in October to 4.4%, combined with ...
Views: 173
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