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Friday, September 3, 2010

Foreclosures are un-tenant-able

CAUGHT IN THE MIDDLE: Renters whose landlords lose properties to foreclosure often find that banks want to kick them out. Tenants also report dealing with missing security deposits.
By Rick Radin /  / Contra Costa Times
Erin Kennedy-Florez was 10 months into a one-year lease on a Richmond, Calif., home...

Three-star accommodations

DIAZ: Star’s new $10M home has a storied past. Actress Cameron Diaz has paid some $10 million for a California estate that belonged...
Thursday, September 2, 2010

Hub Fed head: Rich towns must help poor ones fight foreclosure

By Jay Fitzgerald
Policymakers are mostly treating the symptoms and not the causes of widespread foreclosures and abandoned homes across the...

Fenway’s transformation going strong, more on the way

John Rosenthal talks about his planned development that will connect the bridges on Beacon Street and Brookline Avenue near Fenway Park, and will feature restaurants, shops and night life.
By Brendan Lynch
Editor’s note: As the economy improves, Boston developers have their sights...
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Mortgage rates hit decades-low of 4.32 percent

By Associated Press
WASHINGTON — Mortgage rates fell to the lowest level in decades for the tenth time in 11 weeks, as investors worried...
Wednesday, September 1, 2010

FBI probe hits Hub exec

An FBI corruption probe that originally targeted ex-state Sen. Dianne Wilkerson, above, has expanded, with authorities charging a Hub businessman for secretly steering campaign cash to a virtual who’s who of Massachusetts politicians.
By Jerry Kronenberg
An FBI corruption probe that originally targeted ex-state Sen. Dianne Wilkerson has...

Joblessness blamed for 80% spike in Mass. foreclosures

By Brendan Lynch
Massachusetts foreclosures in July shot up 80 percent compared to a year ago, according to real estate tracker The Warren...
Tuesday, August 31, 2010

Feds charge exec with illegally steering campaign funds to pols

By Jerry Kronenberg
An FBI corruption probe that originally targeted ex-state Sen. Dianne Wilkerson has expanded, with authorities charging a...

Foreclosures surge 80 percent in July

By Herald staff
More than 1,200 foreclosures were recorded in Massachusetts in July, a near 80 percent increase from the same month in 2009,...

Frank McCourt trial eyes post-nup

Frank McCourt.
By Associated Press
LOS ANGELES - Former Hub real estate developer Frank McCourt’s attorney says...

Home prices rise in 17 cities in June

In this Aug. 24, 2010 photograph, a row of new homes is seen in the Boulevard Heights development in St. Louis.
By Associated Press
WASHINGTON — Home prices rose in June for a third straight month as now-expired...
Sunday, August 29, 2010

Fannie: No second credit reports

By Kenneth R. Harney / The Nation’s Housing
On second thought, never mind. Despite earlier reports to the contrary, it turns out that your mortgage lender will not...
Saturday, August 28, 2010

W Boston faces foreclosure

LOAN ON THE LINE: The city’s $10.5 million investment in the W hotel and condo project could be at risk if Prudential Insurance wins bankruptcy court approval to take over the 100 Stuart St. site.
By Jay Fitzgerald
Prudential Insurance Co. is pushing to foreclose on the bankrupt W Boston Hotel and...

High country Nevada ranch hits market for $50M

Reebok CEO Paul Fireman.
By Donna Goodison
Reebok founder Paul Fireman has put his Nevada ranch, once owned by the late actor...

In $3.3M Brookline mansion, luxury, space to spare

WELCOME HOME: At 375 Lee St., in Brookline, the gourmet kitchen has three distinct sections: a food-prep area, a five-window dining nook and a 15-by- 4-foot bilevel island that seats 10.
By Paul Restuccia
The splendid, 6,000-square-foot mansion available at 375 Lee St. in South Brookline...
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Mortgage Rates

Overnight AveragesToday+/-Last Week
30 yr fixed mtgGraph the three month trend4.34% 4.50%
15 yr fixed mtgGraph the three month trend3.86% 3.93%
30 yr fixed jumbo mtgGraph the three month trend5.48% 5.34%
5/1 ARMGraph the three month trend3.39% 3.40%

Home Equity Loan Rates

Overnight AveragesToday+/-Last Week
$30K HELOCGraph the three month trend5.52% 5.51%
$30K home equity loanGraph the three month trend7.29% 7.33%


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