Holidays may not be merry for retailers
As the holiday season approaches, retailers are stocking shelves for throngs of shoppers, but Wall Street seems to have low hopes for a profitable season.
read more…
Lehman Cuts Prime Mortgage Lenders on Default Risks (Update1) (Bloomberg.com) March 5 (Bloomberg) -- Lehman Brothers Holdings Inc. reduced its investment rating on U.S. mortgage companies including Countrywide Financial Corp. because a surge in loan defaults is showing evidence of
When is a cash-out refinancing worth it? Though the interest rate on a mortgage is usually lower than other forms of borrowing, closing costs may wipe out the savings, says Dr. Don.read more...
Many Health-Care Workers Are Priced Out of Housing These professionals may be in demand but in many cities they aren't able to afford a median-price home, according to a new study.read more...
Refinancing a piggyback mortgage It might make sense, depending on how long you intend to stay in your home, says Dr. Don.read more...
Clinton proposes crackdown in mortgage market (Washington Post) WASHINGTON (Reuters) - With the U.S. mortgage market in turmoil, Democratic presidential front-runner Sen. Hillary Clinton on Tuesday proposed clamping down on lending abuses and providing more aid to families
Don't get stung: Know thy mortgage (Bankrate.com via Yahoo! Finance) Not knowing your mortgage terms can bring a nasty surprise when it comes time to sell or the interest rate adjusts.read more...