U.S. MBA’s Mortgage Applications Index Decreased 6.2% Last Week (Bloomberg)

Wed, 19 Nov 2008 14:28:55 GMT

Nov. 19 (Bloomberg) -- Mortgage applications in the U.S. dropped last week as demand for home-purchase financing slumped to an almost eight-year low. The Mortgage Bankers Association’s index of applications to purchase a home or refinance a loan fell 6.2 percent to 398.6 for the week ended Nov. 14, from 425 the prior week.

Huntley acts to secure longtime resident's home (The Courier News)

Tue, 18 Nov 2008 10:09:31 GMT

An ordinance unanimously approved by the Huntley Village Board recently will keep longtime resident Mary Ellen Moerke from being forced to leave her home.

Dallas-Fort Worth briefs (WFAA Dallas-Fort Worth)

Wed, 19 Nov 2008 12:47:15 GMT

The city might scale back plans to refinance $164 million worth of Dallas Cowboys stadium bonds after not finding buyers at a reasonable rate.

Crown asks Hampshire for bond help (The Courier News)

Tue, 18 Nov 2008 06:36:24 GMT

With only one of what is hoped to become 2,820 homes sold, Crown Community Development has asked Hampshire essentially to refinance $10 million of the money it and its future home buyers have borrowed to pay for roads and utilities in Crown's Hampshire developments.

Methane estate home owners launch class action (ABC via Yahoo!7 News)

Wed, 19 Nov 2008 03:05:00 GMT

More than 450 householders have joined a multi-million dollar class action against the City of Casey, over a gas leak at a Cranbourne housing estate two months ago.