NEW YORK (CNNMoney.com) — Following a January surge in refinancing activities, mortgage rates rose this week in the lackluster housing market, but are likely to decline, Freddie Mac reported Thursday.
“Refinancing activities, which had surged to a 12-month high in January, according to Freddie Mac’s monthly refi-share report, are likely to ebb following this recent rise […]
Mortgage rates pop in lackluster market
February 28th, 2008 · Permalink
Say good-bye to granite countertops
February 28th, 2008 · Permalink
NEW YORK (CNNMoney.com) — The granite countertop’s glory days might be over.
During the housing boom, updating a kitchen with high end materials like cherry wood cabinets and a Viking stove was a sure bet to boost a home’s value. Homeowners often recovered about 80% of the cost when the house was later sold.
But with so […]
There Will Be Blood In California
February 25th, 2008 · Permalink
The Used House Salespeople report from California. “Home sales decreased 29.8 percent in January in California compared with the same period a year ago, while the median price of an existing home fell 21.9 percent, C.A.R. reported today. ‘The slight increase in sales predates the president’s signing of an economic stimulus package including a temporary […]
