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Cost approach -The process of estimating the value of a property by adding to the estimated land value the appraiser's estimate of the reproduction or replacement cost of the building, less depreciation.

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Jan. 6 (Bloomberg) -- Federal Reserve officials are focused on driving down the spreads between U.S. Treasury yields and consumer and corporate loans, after cutting the main interest rate to almost zero failed to revive lending. [read more]

Federal Reserve officials are focused on driving down the spreads between US treasury yields and consumer and corporate loans, after the main interest rate cut to almost zero failed to revive lending. [read more]

Huge rebates and zero-percent loans couldn't overcome economic uncertainty as U.S. auto sales plunged 36 percent in December, capping a dismal year that saw sales free-fall by 2.9 million vehicles from 2007. [read more]

DETROIT #8212; Huge rebates and zero-percent loans couldn't overcome economic uncertainty as U.S. auto sales plunged 36 percent in December, capping a dismal year that saw sales free-fall by 2.9 million vehicles from 2007. [read more]

By JEANNINE AVERSA Even as Federal Reserve officials slashed their key interest rate to a record low and pledged to use other unconventional tools to fight the worst financial crisis since the 1930s, they still feared the economy would be stuck in a painful rut for some time. Documents released Tuesday provided insights into the Fed's historic decision to ratchet down its rate to near zero from ... [read more]

Detroit Huge rebates and zero percent loans couldn't overcome economic uncertainty as U.S. auto sales plunged 36 percent in December, capping a dismal year that saw sales free-fall by 2.9 million vehicles from 2007. [read more]

Chrysler's US sales plummeted appallingly in December and helped drag 2008 sales down to a record low. [read more]

Huge rebates and zero-percent loans couldn’t overcome economic uncertainty as U.S. auto sales plunged 36 percent in December, capping a dismal year.  [read more]

Huge rebates and zero-percent loans couldn't overcome economic uncertainty as U.S. auto sales fell 36 percent in December, capping a dismal year that saw sales free-fall by 2.9 million vehicles from 2007. [read more]

Huge rebates and zero-percent loans couldn't overcome economic uncertainty as U.S. auto sales plunged 36 percent in December, capping a dismal year that saw sales free-fall by 2.9 million vehicles... [read more]

Copyright (c) 2004 Yahoo! Inc. All rights reserved.
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Year Rate Now at 4.98%, According to Zillow® Mortgage Rate Monitor [read more]

Dorothy Gary never lost her home, but the senior citizen's oversized 24 percent mortgage rate brought her awfully, awfully close. [read more]

Click on the attached chart to see the average Seattle-area rates for 30-year fixed, 15-year fixed and 1-year adjustable-rate mortgages. The weekly chart is created by The Seattle Times with data from HSH Associates. [read more]

Looking to modify your mortgage? Experts are warning you to be careful. Some companies are preying on the vulnerable and making promises they can't always keep. INSIDE: Bill Spencer Tells You What You Should Look... [read more]

While plunging mortgage rates have spawned a frenzy of refinancing, borrowers with larger, so-called jumbo loans are still seeing interest rates in the 7 percent range, prompting many to abandon refinancing plans altogether or resort to creative transactions. [read more]

With mortgage rates at historic lows, lots of homeowners are debating whether to refinance their mortgages these days. True, refinancing can get you out of an adjustable-rate... [read more]

As mortgage rates continue to flirt with 30-year lows, local lenders say they’re seeing a definite uptick in refinancing inquiries, but the historic low rates have done little to convince on-the-fence home buyers to re-enter the market. [read more]

Pittsburgh-area homeowners will soon get court-ordered help to avoid mortgage foreclosures. Allegheny County plans to begin the program on Monday, which a judge ordered to be established in a court ordered signed Dec. 19 with no fanfare. [read more]

Attorney General Jack Conway this week announced a settlement resolving allegations of predatory lending practices against Countrywide Financial Corporation. [read more]

If there's any doubt the national mortgage crisis has hit New Hampshire, consider this: Four years ago, there were 32 foreclosures in Merrimack County; last year, there were 376. [read more]

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