If the Federal Reserve cuts rates, mortgage payments should decline, right? Perhaps not.
Today’s Boston Globe also reports on foreclosure rescue scams.
And finally, may Bostonians have noticed the number of new condominium construction projects that have sprung up over the last few years…and the building boom continues. But if you build it, the buyers will not necessarily come. Today’s Boston Herald reports that some new condominium projects are finding that it is easier to rent the units rather than sell them.
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Tags: Consumer Protection, Housing News, In the News, Mortgages and Foreclosures