Aspiring homeowners are scrambling to take advantage of a $8,000 tax credit for first-time homebuyers before the Nov. 30 deadline, according to real estate industry insiders. (3 mins ago)
A former employee of Moody’s Investors Service warned federal regulators in March about deficiencies in the credit rating agency’s monitoring of municipal bonds after being rebuffed by Moody’s executives, a document shows. (1 min ago)
Analyst tips back-to-back mortgage rate rises before Christmas. (6 mins ago)
Sept. 27 — The U.S. Treasury Department plans a new liquidity and mortgage bond purchase program to help state finance agencies that provide mortgages to low-income borrowers, Treasury officials said. (17 mins ago)
A million dollars doesn’t buy you what it once did. In most U.S. neighborhoods, it now gets you a lot more. During the housing boom, prices rose so high and so fast that even cookie-cutter homes in the paved suburbs of South Florida and California could cost a cool million. (6 mins to go)
Potential first-time homebuyers, drawn to the pristine carpets, freshly painted walls and shiny, new appliances they see in the next nine days at the Parade of Homes, should have a contract by the end of October if they want to take advantage of the $8,000 first-time homebuyer credit, according to local realtors. The last day to close on a home and receive the credit is Nov. 30. (1 min ago)
CLEAR LAKE SHORES Two former mayors collected signatures on a petition opposing the citys plan to take on debt without voter approval. (8 secs to go)
Sept. 24 — Australian banks continue to weather the global recession as a surge in earnings from lending to home buyers offsets rising bad debts, the central bank said. (5 mins to go)
The FBI says they defrauded lenders of about $5 million from home sales (6 mins to go)
Remarks of President Barack Obama As Prepared for Delivery (1 hour ago)