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VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 11, 2009) - The latest figures released by Canada Mortgage and Housing Corporation (CMHC) reveal that housing starts continued to trend lower in July. During the last month, foundations were poured for 516 new homes, down 73 per cent from July 2008. During the first seven months of the year, a total of 3,858 units were started in the Vancouver ...
Aug. 12 (Bloomberg) -- Mortgage applications in the U.S. fell last week as a jump in borrowing costs slowed refinancing. The Mortgage Bankers Association?s index of applications to purchase a home or refinance a loan decreased 3.5 percent to 499 in the week ended Aug. 7, from 517.3 in the prior week.
A Michigan family with an apparently spotty payment history is losing its home because it underpaid its mortgage by 7 cents, according to a legal aid group. Sydney Rooks, a lawyer for Legal Services of Eastern Michigan, tells the Detroit Free Press that Creg and Bonnie Berger of Deckerville inadvertently underpaid their mortgage because a postal clerk issued a money order for $440 rather than ...
Fannie, Freddie rules & fees make it harder to overdo mortgage debt
WASHINGTON -(Dow Jones)- The Federal Reserve has adjusted the sum that triggers disclosure requirements under a law regulating home mortgage loans. The Fed on Monday said the trigger has been adjusted to $579 for 2010, based on the Consumer Price Index in effect June 1, 2009.
ATLANTA - Standing in the lobby of the Georgia World Congress Center on Tuesday, emotional homeowners debated the pros and cons of a mortgage restructuring event that drew thousands hoping to save their piece of the American dream.
EDWARDSVILLE - The Glen-Ed Pantry had something to celebrate this month - the fact that it finally has a permanent home in Edwardsville. It has taken several years to do so, but the mortgage on the building at 125 Fifth Ave. finally is paid off.
NGFS Releases New Information for Seniors Considering a Reverse Mortgage in Today's Housing Market. Understanding the current housing market: "actual home value" vs "perceived home value"
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