By Inman News, Wednesday, June 23, 2004.
By Samantha Peterson, Wednesday, June 23, 2004. Think of Charles Schwab and the first thing that comes to mind is investments, or perhaps retirement planning. But mortgages? That's precisely what the financial services company has been offering for about the past year. Last April, it launched the Charles Schwab Bank, which offers consumers an array of mortgage and home equity products. more...
By Inman News, Wednesday, June 23, 2004. The Conference Board's Help-Wanted Advertising Index – a key barometer of America's job market – increased one point in May to 39, up from 38 the previous month. The index was 36 one year ago. more...
By Inman News, Wednesday, June 23, 2004. Ten lucky families in St. Louis, Miami, Philadelphia, Seattle, Chicago, Atlanta, Detroit, Minneapolis, Columbus, Ohio and Kansas City, Mo. will have the chance to own a home of their own as part of the Homewise Program unveiled today by the Department of Housing and Urban Development. HUD, in cooperation with the National Housing Endowment, Wells Fargo Home Mortgage and the National Association of Home Builders, aims to encourage housing counseling nationwide by offering an opportunity to share in the American Dream of home ownership more...
By Inman News, Wednesday, June 23, 2004. Long-term mortgage rates fell slightly this week in anticipation of the Federal Reserve's upcoming meeting, according to surveys conducted by mortgage buyer Freddie Mac and Bankrate. In Freddie Mac's weekly survey, the 30-year fixed-rate mortgage averaged 6.25 percent for the week ended today, down from last week when it averaged 6.32 percent. The average for the 15-year fixed-rate mortgage this week is 5.64 percent, also down from last week when it averaged 5.7 percent. Points on both the 30- and 15 year averaged 0.6. more...
By Inman News, Wednesday, June 23, 2004. Eight of the nation's top 10 fastest-growing large cities (100,000 or more population) since Census 2000 lie in the Western states of Arizona, Nevada and California, according to new U.S. Census Bureau population estimates for July 1, 2003. more...
By Inman News, Wednesday, June 23, 2004. Inman News Median prices for new-home sales slid 11.4 percent and average prices for new-home sales dropped 5.3 percent from April to May, the U.S. Census Bureau and U.S. Department of Housing and Urban Development announced today. The median sales price of new houses sold in May 2004 was $198,400 and the average sales price was $256,700. In April, the median sales price of new homes was $221,200 and the average sales price was $270,400. more...
By Inman News, Wednesday, June 23, 2004.
By Inman News, Wednesday, June 23, 2004. One in seven African Americans and one in eight Latinos living in the 25 largest cities across the nation spent at least half their incomes on housing during the 1990s, according to research released by the Fannie Mae Foundation. The research examines changes between 1990 and 2000 in homeownership rates and severe owner cost burdens – defined as spending at least half one's income on housing – among African America more...
By Inman News, Wednesday, June 23, 2004. | | |
