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GMAC Reaches Agreement to Sell 60 Percent Stake in Commercial Mortgage Business to KKR, Five Mile Capital, Goldman (The Auto Channel)  DETROIT--August 3, 2005--General Motors Acceptance Corporation (GMAC), the financial services subsidiary of General Motors Corporation , announced today that it has entered into a definitive agreement to sell a 60


Remodeling becoming the choice for homeowners  With the cost of homes on the rise, Americans are spending billions of dollars on remodeling their current homes.read more...


Lump sum won't lower mortgage payments (Bankrate.com)  Dear Dr. Don, The loan balance on my mortgage is $65,926. I have $10,000 available to pay down the mortgage balance. I want a lower monthly payment.read more...


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Big in Japan: How to rent an apartment in Tokyo   Now, I know you're probably thinking that this is a completely normal and respectable proposition. via Gadling read more...


Michigan Assn. of Realtors and Chamber of Commerce Fight Proposal for $1.4 Billion Tax Increase  Michigan Assn. of Realtors and Chamber of Commerce Fight Proposal for $1.4 Billion Tax Increase RISMEDIA, March 14, 2007-The Michigan Association of REALTORS and the Michigan Chamber of Commerce unveiled

August 1st, 2005

Borrowers pile into mortgage fixes as rate cut looms (Telegraph.co.uk)

The majority of homeowners are opting for fixed-rate mortgage deals, despite a widely predicted cut in interest rates. Paul Farrow reports.

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