Types Of Bankruptcy

Personal bankruptcy toll set to rise in Australia  The number of personal bankruptcies is set to climb this year as higher interest rates, the abundance of credit and the higher cost of living squeeze lower income earners, an


Mortgage applications fall to lowest in a year (Washington Post)  NEW YORK (Reuters) - U.S. mortgage applications sank last week to the lowest level since the end of last year despite falling borrowing costs, an industry trade group said on


Dodd mortgage bill would ban practices now harming consumers (Market Watch)  WASHINGTON (MarketWatch) -- Senate Banking Committee Chairman Christopher Dodd, D-Conn., said Wednesday he will introduce a bill aimed at protecting homeowners, particularly in the hard-hit subprime mortgage market.


I didn't want that $340M anyway  Whew, dodged a bullet on that one. I don't know what I would have done if I'd won $340 million - the largest Powerball jackpot in history.read more...


Out-Island Builder  In July of 1978 I arrived on the Bahamas "out island" of Eleuthera for a week's vacation.read more...


Wall Street falls on mortgage concerns (Reuters via Yahoo! News)   Stocks fell on Thursday as financial stocks fell on mortgage concerns, overshadowing earlier optimism about the technology sector's profit outlook.read more...

August 3rd, 2005

Mortgage Rates Continue Upward Climb (San Francisco Chronicle)

Mortgage rates continued their upward climb this week, with rates on 30-year mortgages rising to their highest point since the middle of April. In its weekly survey, mortgage giant Freddie Mac reported Thursday that rates on 30-year, fixed-rate…

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