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business / Real Estate-US

Mortgage demand climbs from 7-month low
Demand for U.S. mortgages to buy homes and refinance loans bounced from seven-month lows last week, with average 30-year borrowing rates unchanged.
Msn Wednesday, July 08, 2009

Foreclosed homes' pools can be death traps
They're an unanticipated consequence of the burst housing bubble: the abandoned swimming pools of foreclosed homes. Left undrained and not maintained, they have already lured at least one child to her death - and they can also be breeding grounds for disease.
Msn Wednesday, July 08, 2009

Loan modification efforts helping few people
Despite efforts by the federal government and banks to stop the home foreclosure disaster, frustrated borrowers are still battling red tape and delays in their attempts to negotiate lower payments, even as hundreds of thousands of them lose their homes every month.
Mercury News Wednesday, July 08, 2009


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