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Praying for lower rates and a refinance party

By Lou Barnes, Monday, October 1, 2007.

Mortgage rates are about the same, just under 6.5 percent, but the ultra-indicator, the 10-year T-note yield, has gradually fallen from 4.7 percent last week to 4.6 percent.  more...

Why mortgage lenders struggle for repeat business

By Jack Guttentag, Monday, October 1, 2007.

I recently returned from a boat tour in Indonesia, and was impressed with the quality of the service provided by the tour company. The employees go out of their way to make the experience a pleasurable one for the customers. Other tour companies we have used in the past were equally good. My impressions are consistent with those of many other travelers with whom I have compared notes.  more...

Home buyers less willing to compromise in slow market

By Dian Hymer, Monday, October 1, 2007.

Even though the home-sale market is slow, some listings sell quickly. Others don't. What accounts for the difference?

The volume of homes sold is down as much as 20 percent or more in some areas compared to a year ago. Concurrently, the listing inventory has increased 40 percent or more in some markets. The odds of having a quick sale decrease when lower sales volume is combined with more listings of homes for sale.  more...

Is bankruptcy better than foreclosure?

By Robert Bruss, Monday, October 1, 2007.

Editor's note: Robert Bruss passed away on Sept. 26, 2007. This was one of the last real estate columns he wrote. Inman News is publishing Bob's last work as a final salute to the nation's most well-known real estate writer.  more...