All across Sarasota and Manatee counties, the price increases defied logic. More than 100 properties from Palmetto to North Port doubled in price in a single day during the recent real estate boom. Proposed condos — no more than ideas on paper …
Mortgage default rates in the UAE could have gone up by almost 25 per cent in the past six months, according to analysts. “I have no doubt that we have seen increases in home mortgage defaults over the past six months,” Chris Green, Managing Director …
WASHINGTON — It’s probably never a bad time to be rich. But the good times for America’s wealthy could soon be a little less so. President Barack Obama wants to boost income taxes for the wealthy to pay for tax cuts for everybody else. He wants to …
CLEVELAND — There’s still evidence of many troubled homeowners as Ohio’s home foreclosure rate levels off. Thousands of people in the Cleveland area jumped at the chance to shape up their finances at a four-day foreclosure prevention fair at the …
Mortgage rates just fell for the third straight week, according to mortgage finance firm Freddie Mac. “The credit markets are still tight, but they have loosened up significantly from 90 days ago,” said Scott Norman, vice president of the Texas …
At a time when private businesses seem shy about venturing toward an IPO, companies that invest in mortgage-related securities are tripping over each other to go public in the U.S. In the past six weeks, eight finance vehicles that focus on mortgage …
What are the chances that your 1040 form will be bounced by IRS computers for an audit? Here are some of the items that increase the likelihood of your return drawing the agency’s attention. SOME POINTERS ON POINTS : Allowable deductions for interest …
Homes are becoming less affordable again due to a rise in house prices and a slight rise in average fixed mortgage interest rates. Affordability improved through 2008 as interest rates fell sharply, house prices fell and tax cuts kicked in. The run …
Despite trillions of dollars of new government programs, one of the original causes of the financial crisis — the toxic assets on bank balance sheets — still persists and remains a serious impediment to economic recovery. Why are these toxic assets …
Southern Missouri Bank of Marshfield is pleased to announce we have established a benefit account for the Chris & Niki Hampton Family. The Hampton’s will be the recipients of a brand new home from ABC’s “Extreme Makeover: Home Edition. Proceeds will …