7 Tips for Dog Swim Days

For many school-aged children, summer is officially over.  As kids head back to the classrooms, canines are perking up for their yearly end-of-summer trip to a place that is usually off limits – a local public swimming pool or water park.   ■Check out the event’s...

Easing of Lending Rules a ‘Victory for Mortgage Bankers’ and Homebuyers

Mortgage lenders won’t have to retain a 5 percent “risk retention” stake when loans are securitized just because borrowers put less than 20 percent down, federal regulators said today in proposing new guidelines for “qualified residential mortgages.” A previous...

New fight for older workers: Age bias

Set back by recession, and shut out of rebound   In September 2012, it appeared that the world was John Fugazzie’s frozen oyster. He was in charge of dairy and frozen foods for the A.&P. supermarket chain, making $125,000 a year. He was also a guest...

Too little credit is just as dangerous as too much

By: Lou Barnes Inman News   As we approach the end of the traditional, news-starved Silly Season, there are important things going on. And some other things. Release of the Federal Reserve’s July 31 meeting minutes on Wednesday collapsed the last courage in the...

Home sales surge in July despite higher interest rates – See more at: https://www.inman.com/2013/08/21/home-sales-surge-in-july-despite-higher-interest-rates/#sthash.TxfW6pPd.dpuf

Existing-home sales increased 6.5 percent to a seasonally adjusted annual rate of 5.39 million in July, up from a downwardly revised rate of 5.06 million in June, according to the National Association of Realtors (NAR). “Mortgage interest rates are at the highest...