80/20 mortgage can open door for buyers
U.S. Navy veteran Max Ellison, 35, has wanted to own a home since he was 19. After a few years of struggling, he qualified this year for his first home in Tumwater.
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Real Estate Strong Despite Rates SAN FRANCISCO - Rising interest rates are supposed to be an economic sedative, but the hyperactive real estate market has retained its vigor even as the prime lending rate has
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Fasb FSP Issued On Accounting For Certain Loan Products The FSP, issued in response to discussions with SEC staff and regulators of financial institutions, as well as inquiries from constituents, addresses whether certain loan products such as those listed
Insurer AIG posts 2nd-quarter loss on mortgage, credit write-downs (USA Today) American International Group, the world's largest insurer, posted its third consecutive quarterly net loss, hurt again by the write-down of derivatives linked to bad mortgage investments.read more...
UK's June inflation highest in nine months June United Kingdom inflation rose to its highest rate in nine months, resurrecting concerns about a Bank of England interest rate rise.read more...
Consumer Credit Up in June "Homeowners are unable to borrow against their homes so they are turning back to their credit cards" The Reserve Bank of Australia on Wednesday raised a key interest rate