These headlines just came across the wire (love that expression, culled from my vast email list)
1/3 of purchaser loans originated by Mortgage Brokers failed to close in August, 2007. WOW!
1/2 Fed drop is like putting the lending industry on steroids, jet fuel in place of regular fuel... hopefully that will translate positively as it percolates into the nation-wide housing market. The Fed seem's serious about heading off a possible housing recession-- that's good news.
The priciest zip codes in the country, from Forbes magazine . Always fun, surprises? Yes, number 1 is a new Jersey zip, famous Beverly Hills-90210 was 40th and only 3 Carolina zips made the top 100, all on the coast, 2 in NC one in SC. Check it out
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