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Bank unlikely to act on retailers' call for cut in interest rates  Retailers are calling for a further cut in interest rates today after a survey showed another month of weak sales.read more...


Late mortgage payment can be costly beyond stiff penalties (Fort Wayne Journal Gazette)  Q. My spouse and I argue about whether it?s all right to sometimes pay our mortgage late. One of us thinks it?s a big deal, and the other one doesn?t.


Countrywide mortgage loans drop 48 percent in October (Reuters via Yahoo! News)   Countrywide Financial Corp , the largest U.S. mortgage lender, on Tuesday said it funded 48 percent fewer mortgages in October than a year earlier, and significantly reduced some of


Resetting That Mortgage Payment Could Be Painful  Call it the reset jitters.Lenders, mortgage investors and financial regulators across the country are concerned about the ability of millions of homeowners to handle the potentially painful payment spikes ...read


Mortgage applications decrease last week-MBA (Reuters via Yahoo! News)   Applications for U.S. home mortgages fell last week due to decreasing purchasing and refinancing activity even as mortgage rates eased, an industry group said on Wednesday.via


TD Mortgage Investment Corporation declares dividend (CNW Group via Yahoo! Finance)   TD Mortgage Investment Corporation today announced that a dividend at the rate of thirty-two dollars and thirty cents per fully paid Preferred Share, Series A in the capital stock

October 22nd, 2005

Road Games

Tom Starr was all set. He and his wife found their dream house in East Earl Township, one with plenty of yard for their two young children.

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