Flush with huge home equity? Be careful how you spend it
Your front porch sags, you need a new roof, and there’s shag carpeting in the family room, but because you live in a desirable neighborhood, the value of your house has soared.
read more…
Consumer power on the rise: 50% more people switch suppliers A new Index published today by the National Consumer Council shows that, against five years ago, far more consumers are ditching companies they aren't happy with.read more...
Late mortgage payments drop sharply (Columbus Ledger-Enquirer) Late mortgage payments dropped sharply in the opening quarter of this year, a big improvement after delinquencies hit a 2 1/2-year high in the closing quarter of last year.read more...
Mortgage problems building (The Biloxi Sun Herald) Late mortgage payments climbed to a 2½-year high in the final quarter of 2005 as Gulf Coast homeowners struggled with fallout from the hurricanes, and high energy prices along with
Home loan demand drops despite decline in mortgage interest rates (USA Today) Mortgage applications dropped last week, reflecting weaker demand for home purchase loans even as interest rates fell, an industry trade group said Wednesday.read more...
Flexible mortgage account introduced (Bangkok Post - Thailand's English news) Standard Chartered Bank (Thailand) has introduced a new mortgage product that allows borrowers to deposit and withdraw cash from their accounts.read more...
Tax on Home Sales in N.Va. Is Soon to Go Up Fivefold Home sellers in Northern Virginia will face an added expense next month: a fivefold increase in the grantor's tax. read more...