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Features
Rachel Pinder, with Island Living Real Estate in Nassau, Bahamas, explains the benefits of the new tax exemption for the home buyers.
The Bahamian government recently made the first $500,000 of real estate exempt from stamp taxes, provided the property is owner-occupied.
 
U.S. working on affordable mortgage plan: sources (Reuters)
Reuters - The Treasury Department is developing a plan to try to reduce mortgage rates on home loans to 4.5 percent on typical mortgages by expanding its purchases of mortgage backed securities, sources familiar with the plan said on Wednesday.
 
Mortgage application, refinance volume surge (AP)

The Riverton Houses residential complex in Harlem, N.Y., is shown in New York, Tuesday Dec. 2, 2008. The company that owns the 1,232 unit Riverton Houses complex in Harlem said over the summer that it was in danger of defaulting on its $225 million, 10-year, interest-only mortgage. The company, Stellar Management, bought the complex in 2005 and had planned to convert more than half of its rent-regulated apartments to market rate by 2011. Tenants, however, have been reluctant to leave the pleasant development, with its long grassy mall, tree-shaded playground and marble lobbies, and local laws prevent the landlord from forcing them out or raising their rents by more than a small amount each year. (AP Photo/Bebeto Matthews)AP - Mortgage application volume more than doubled during the shortened Thanksgiving week, according to the Mortgage Bankers Association's weekly application survey.



 
Neptune Realtors' New Website Launches a Huge Database for Puerto Vallarta Condo Rentals
Neptune Realtors SE de CV, the oldest realty agency in Marina, has launched an exhaustive online database for Puerto Vallarta condo rentals to help its prospective clients find the best deals in Puerto Vallarta condo rentals.
 
Mortgage applications post largest gain ever (Reuters)

A house sits for sale in North Aurora, Illinois in this July 24, 2008 file photo. (Jeff Haynes/Reuters)Reuters - Mortgage applications surged by the largest amount on record last week as a new Federal Reserve program pushed interest rates down to their lowest level in more than 3 years, data from an industry group showed on Wednesday.



 
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Snow Goer - Freaked by speed.(MAILBAG)(Letter to the Editor)
August 1, 2005 -- Rick Erickson of Belmont, Michigan, hit the nail squarely on the head in the December [2004] issue. Right on, Rick! Why have our trails become so...

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Belmont MI Lenders

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