A bevy of economic data was released this morning dealing with inflation, the housing market and industrial production. Some good, some not so good.
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Ethanol production is making other crops more expensive, as well as boosting the price of cattle feed and therefore beef.
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If you’re conservative by nature, you’ll probably want to lock a rate before the first estimate of first-quarter gross domestic product comes out on Friday.
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New houses were sold at an annual pace of 858,000 in March, a 23.5 percent drop from the previous March. Do you think prices also dropped?
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A sluggish home-sale market combined with tighter credit is making refinancing out an ARM or exotic mortgage more challenging, but not impossible.
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There’s not much Congress can do to prevent an expected surge in foreclosures.
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People some times get into trouble with their mortgage loans. When you take mortgage loan you need to pay it back on time according to the deed signed by you and the lender at the time when the loan was given to you. Now if you fail to pay back the amount on time your [...]
