Mortgage rates rise only slightly

Rates on 30-year mortgages edged up slightly this week but still remained near the lowest level for the year. Mortgage giant Freddie Mac reported Thursday that 30-year, fixed-rate mortgages averaged 6.16 percent this week.

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Seattle Home Show Review

You might have seen or heard ads for the Seattle Home Show. If you haven’t, it’s basically a gathering of all things home related (builders, remodelers, landscapers, roofers, window..ers, decking, hot tubs, pool tables, sheds, air conditioning, closets, etc. etc. etc. The show runs till Feb. 25 at the Qwest Field Event Center. [...]

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“SEVEN MYTHS ABOUT REALTY BLOGS”

So after I finished the Ten Myths of SEO, I promised a Ten Myths of Blog Marketing. I can only come up with 7. I find myself at a creative block on these as this is stuff I have said...

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Rising rates seen triggering foreclosures

About 1.1 million additional home foreclosures are expected over the next six years as adjustable-rate mortgages ??” which made home buying more affordable to U.S. buyers in recent years ??” reset to higher payments, according to a study.


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In the Region | Long Island: Same Land, Different Buildings

After four years of trying to win support for a higher-density mixed-use community plan in Nassau County, Charles B. Wang announced that he was dropping the idea.

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Now In FoREM News

The pace of blogging at FoREM has slowed a bit over the last few days. I’ve been buried wrapping up a number of projects for my current employer before I make a pretty significant transition.I’m happy to announce I will be joining the nice folks over at Inman News, as of March 26. I will [...]

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Uncovering Bargains in Bank-Owned Real Estate

Homebuyers can often save money by purchasing an REO. Many banks want to get REO properties off their books and will price properties to move. This means REO sales tend to move rather quickly, so anyone interested in purchasing an REO property needs

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Square Feet: Paying Up to See a Long, Long Way

The need for sweeping views of Central Park has caught on among companies searching for offices, especially in the financial services industry.

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New Century exec won’t testify at hearing

Executives from New Century Mortgage Corp. have refused to testify at a Senate banking committee hearing on the widening crisis in the subprime mortgage market, the panel said on Wednesday.

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U.S. FORECLOSURES INCREASE 4 PERCENT IN NOVEMBER

A total of 120,334 properties nationwide entered some stage of foreclosure during November, an increase of 4 percent from the previous month and an increase of 68 percent from November 2005.

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