Warning Signs of Credit Abuse
Using credit for living expenses. More than 20 percent of your take-home pay is used for credit payments, excluding home mortgage.
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Your mortgage application is for sale (San Jose Mercury News) When you get a mortgage rate quote or a preapproval, you probably assume that your inquiry with the lender is confidential, right?read more...
BBC face of credit crunch Robert Peston has paid off his mortgage (Daily Mirror) The BBC's face of the credit crunch Robert Peston is out of the worst of the storm as he has paid off the mortgage on his £1million house.read more...
Reverse mortgage warning (NZCity) The Auckland Law Society is urging elderly people think carefully before launching into a reverse mortgage.read more...
Economic growth gauge slips 3 straight months A widely watched measure of future economic activity fell in September for the third consecutive month, reflecting rising energy costs that may slow the economy through year's end.read more...
Neighbor feud goes to trial ELYRIA, Ohio By all accounts, neighbors Paul Hashman and Darrell Oskins lived peacefully for many years in this Cleveland suburb.read more...
Brokers warn of further rises in mortgage rates (Financial Times) Mortgage rates are expected to rise again in coming weeks, in spite of the Bank of England?s unprecedented intervention to ease liquidity in the banking system.read more...