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The U.S. Council of Mayors released a devastating
report on the impact on member communities of the ongoing
housing market problems. The report, prepared by Global Insight, an
economic forecasting firm, was presenting at a meeting of the Conference
attended by mortgage industry and community groups.
Washington, DC - Office of Federal Housing Enterprise
Oversight Director James B. Lockhart today announced the maximum 2008
conforming loan limit for single-family mortgages purchased by Fannie Mae
and Freddie Mac (the Enterprises) will remain at the 2007 level of
$417,000 for one-unit properties for most of the U.S.
Higher limits apply to Alaska, Hawaii, Guam and the U.S. Virgin Islands
as well as to properties with more than one unit.
Late Monday morning one of Citigroup’s analysts, Stephen Kim, downgraded the entire homebuilding sector because he could not find anything to suggest that the residential housing market would improve until the second quarter of 2008. Kim downgraded stocks of seven of the largest homebuilders from a… Read More Now
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The Motley Fool - For college kids and kids entering college, and their parents, navigating the minefield of financial aid is a huge challenge. As the number of outright aid grants falls, student loans play an ever-larger role in putting kids through college.
Both long and short term interest rates dropped slightly last week according to Freddie Mac’s Primary mortgage Market Survey for the week ended November 8. “With mortgage rates remaining low, approximately 38 percent of applications were for refinance transactions in the third quarter…” Read More Now
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A recent article in Business Week suggests that the open space model of the dot com era may, actually be a paradigm to enable businesses to reduce one of their largest expenses, namely, commercial office rent. Yet, the position of the author is hardly universally shared, eliciting a number of rejections and criticisms […]
Apprentice security technician. Computer/mechanical skills, a plus. Willing to train candidates.Vacation & health benefits. Can email resumes to cj@maximumsecurity-usa.com ….
Star trek: Comet shines brightly in the night sky; Astronomy buffs
Patriot Ledger - Beaches and fields are ideal viewing locations, she said. You need to be some place where light pollution is not great. Bridgewater State s observatory will host a viewing of Holmes at 7 p.m. Nov. 28. Sue Scheible […]
1 Quarterlife, the latest series from the thirtysomething creators, is showing not on TV, but on MySpace. Finally, someone brings young-adult introspection to the Internet. 2 Current Facebook sensation: Photos of drunk college women collected in 30 reasons girls should […]
Late Monday morning one of Citigroup’s analysts, Stephen Kim, downgraded the entire homebuilding sector because he could not find anything to suggest that the residential housing market would improve until the second quarter of 2008. Kim downgraded stocks of seven of the largest homebuilders from a… Read More Now