How to tap your home for cash with a reverse mortgage Strapped for cash? If you're an older American, perhaps you're thinking about a reverse mortgage to reverse your financial woes.read more...
Wall St down on oil, mortgage woes (Reuters via Yahoo! News) U.S. stocks fell on Monday after oil prices rose and a General Motors executive said the crisis in U.S. mortgage lending hurt U.S. auto sales this month, stirring concerns
Builders wary of wage rules They're meant to ensure fair pay for construction workers, but they've got the potential to scuttle major development projects as well.via
Mortgage rates in U.S. creep above 6 percent (Richmond Times-Dispatch) NEW YORK -- Americans may have seen the last of long-term mortgage rates below 6 percent, and borrowing costs for home buyers likely will climb further.read more...
Over 5% of UK mortgage lending 'adverse', CML says (Banking Business Review) According to new data from the UKs Council of Mortgage Lenders, over 5% of total mortgage lending in 2005 was probably adverse credit lending to people with previous credit problems.read
Managing closing expenses The closer to the end of the month, the lower the interest cost, Dr. Don says.via
Laguna Beach residents face the June landslide’s long-term effects as they grapple with where to live and how to rebuild with little outside aid.
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