In spite of declining house prices and tightening credit, Americans
are continuing to pull cash out of their homes according
to Freddie Mac’s Cash-Out Refinance Report for the fourth quarter of
2007, but in fewer numbers and much lower amounts than recorded even one
quarter earlier.
The economic stimulus package, HR 5140, is headed for the White House next week. Once signed, lenders can take the housing provisions into effect and individual taxpayers can expect to receive the rebate checks as soon as May 2008.
SHUTESBURY - Cartoonist Alexa Kitchen got her big break at the 2003 Museum of Comic and Cartoon Art book fair for independent presses. Communities run low on road salt Many towns and cities are running out of road salt and warning drivers that roads may be slippery […]
OTTAWA, Ontario, February 08, 2008 — The seasonally adjusted annual rate1 of housing starts was 222,700 units in January, up from 184,700 units in December, according to Canada Mortgage and Housing Corporation (CMHC).