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'Free and Clear' Ownership: An Overvalued Concept   Q: Our condominium is worth about $350,000, and we owe only $25,000 on our mortgage. We are from the old school and want to own this property free and clear.


Speculators May Have Sped Up Housing Downturn  The number of people who bought homes as investments and then defaulted on mortgages is turning out to be much greater than previously believed. read more...


Economist boosts 2005 home sales target  U.S. home sales could strike a fifth straight record in 2005 due to low mortgage rates, a growing economy and an increasing number of investors, Fannie Mae's chief economist said


Your Money Matters: Dealing with Rising Mortgage Interest Rates (Stuttgart Daily Leader)  (ARA) - Many Americans are asking themselves what they should be doing in the wake of rising, and sometimes, fluctuating mortgage rates. It's an important question because for many Americans


Reliant Home Warranty Corporation Announces New Home Equity Protection Mortgage Products (PrimeZone via Yahoo! Finance)   Reliant Home Warranty Corporation , a provider of residential value protection products, announced today the launching of its Home Equity Protection product line. This proprietary product line will be


A Hands-Off Policy on Mortgage Loans (New York Times)  WASHINGTON, July 14 - For two months now, federal banking regulators have signaled their discomfort about the explosive rise in risky mortgage loans. First they issued new "guidance" to banks

September 11th, 2005

‘For sale by owner’ booms on Net

House-hunters like the no-pressure aspect afforded by the Web, while owners grin over saving money.

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