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Interest-Only: Borrower Beware    Steve Clerman decided to refinance his townhouse in Montgomery Village back in 2003. One offer jumped out at him from the flood of loan solicitations that arrived in his


Oct mortgage approvals jump (Reuters.co.uk)  Mortgage approvals -- the number of loans agreed but not yet made -- rose to 72,328 from 70,105 in September.read more...


Bankrate: Mortgage Rates at Three-Month Low (Real Estate News)  RISMEDIA, Jan. 13 ? Fixed mortgage rates slid for the fifth straight week, falling to a three-month low. The average 30-year fixed rate mortgage dropped from 6.27% to 6.22%, according


Top banker warns mortgage growth will damage economy (Irish Examiner)  One of Europe's top bankers has warned that Ireland's economy could be in danger of over-heating. Chief Economist at the European Central Bank, Otmar Issing has said mortgage growth rates


House Votes to Rein in Certain Mortgage Lending Practices (New York Times)  The House voted to crack down on mortgage lenders by enacting federal licensing and to fine them for steering people to subprime loans when other options are available.read more...


Locked out  Published: October 09. 2005 6:00AM PST For the last several years, the American dream has seemed more like an illusion to Robin Castle.read more...

September 11th, 2005

Flow International Schedules First Fiscal Quarter 2006 Results Conference Call

Flow International Corporation , the world’s leading supplier of ultrahigh-pressure waterjet products, plans to hold a conference call discussing the results for the first fiscal 2006 quarter ended July 31, ...

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