Types Of Bankruptcy

Housing Numbers Stay Strong  After a hot run over the past several years, propelled by historically low interest rates, the broad U.S. housing market remained strong during March with housing starts tumbling, existing home


Mortgage lender IndyMac profit up 27%; outlook is lifted (India Daily)  Mortgage lender IndyMac Bancorp said Tuesday rising loan production helped lift its first quarter net 27% above year ago levels and prompted the firm to raise its earnings outlook and


Bank of Montreal to refund $7.1 million to about 28,000 mortgage customers (Canadian Business)  The bank said it identified an inconsistency between in the way some mortgage contracts explained how interest penalties were calculated and the way the calculations were actually done.read more...


MICA finishes purchase of 2-story office building  The Maryland Institute College of Art announced yesterday its purchase of an 18,000-square-foot, two-story office building on Mount Royal Avenue, beside its campus.read more...


Interest Rate Roundup  Here's a look at the state of interest rates on five common consumer banking products and the latest rates from Bankrate.com's weekly national survey of large banks and thrifts.read more...


Mortgage Rates Fall (KTAR 92.3 Phoenix)  If all the recent trouble in the housing market hasn't scared you off, now might be a good time to buy. Mortgage rates are lower for the first time in

September 9th, 2005

When in debt, skip over the quick fix

QUESTION: We owe $136,000 on our house, which we purchased in March 2004, and have a 30-year fixed mortgage rate of 5.25 percent.

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