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business / Real Estate-US

Loan modification efforts helping few troubled homeowners
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. Vote: Trouble getting a loan modification? More on the economic crisis
Mercury News Thursday, July 09, 2009

Potential home buyers skittish, poll shows
More than half of potential homebuyers say they're still not prepared to jump into the market, and fear of losing their jobs is the No. 1 reason, a new poll shows.
Msn Thursday, July 09, 2009

Mortgage rates fall for second-straight week
Average rates for 30-year mortgages fell for the second-straight week, but still remained above record lows reached earlier this year, Freddie Mac said Thursday.
Msn Thursday, July 09, 2009

Defaults on commercial real estate accelerate
Owners of shopping malls, hotels and offices are defaulting on loans at an alarming rate, and the commercial real estate market is not expected to hit bottom for three more years.
Msn Thursday, July 09, 2009

Madoff's former office looking for a tenant
FBI agents who are camped out on one floor of Bernard Madoff's old office say they'll stay there at least through next summer.
Msn Thursday, July 09, 2009


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