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How to be protected against higher rates Print E-mail
Thursday, 14 September 2006
NEW YORK-- With today’s rising interest rates and monthly payments, there are some tips on how to do smart moves if there are adjustable-rate mortgage (ARM). 
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More selection is offered to housing markets but fewer sales challenge it Print E-mail
Thursday, 14 September 2006
A number of existing single-family homes sold decreased in about 10.38% in 2005.  This was evident from 1,089 units to 976 units this year.  The quarterly figures from Maine Real Estate Information System show.  The median sales price for an existing single-family home in Cumberland County showed only a slight rise in the past quarter, compared to the same period in 2005, from $253,000 to $255,000. And real estate brokers say the inventory of homes on the market is way up.
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Home Prices carry more weight on rising inventories Print E-mail
Thursday, 14 September 2006
Downward pressure on home prices is continuously experienced in inventories of unsold homes.  This is in many parts of the US.  Inventories of homes such as the 18 large metropolitan areas expand by 3.5% according to ZipRealty Inc.
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Delinquencies in Mortgage get higher Print E-mail
Thursday, 14 September 2006
NEW YORK--Americans nowadays find it difficult to pay their mortgages.  This is because of higher rates and deteriorating housing markets.
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Thumping the path to income-producing property Print E-mail
Thursday, 14 September 2006
CHICAGO--  Real estate investment does not immediately give a quick result, which was the usual promise of many who has been in this business for so long.  But for investors willing to do some hard work, making a good purchase and proper management can make substantial rewards. 
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Debt crisis surfaces on Mortgage Print E-mail
Wednesday, 13 September 2006
A survey of 2,000 homeowners by the CAB found that 13% of under 24-year-olds had missed payments, with 4% of the total admitting to missing payments.  Research from Citizens Advice estimates that 770,000 households have missed one or more payments, and the situation could become worse as interest rates rise.
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