Investors at crossroads
With signs the real estate boom is slowing, investors are expected to look elsewhere for profits.
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Mortgage broker admits money laundering (Moldova.org) A mortgage broker has pleaded guilty to money laundering in California, admitting he helped funnel a bribe to former U.S. Rep. Randy Cunningham. John Michael of New York also acknowledged
Interest-Only Mortgages Raise SAN FRANCISCO - Once a frustrated renter, Chris Economou is now a happy homeowner, enjoying a splendid view of San Francisco and an $80,000 increase in his property's value since
Philadelphia program fights mortgage foreclosure (Reuters via Yahoo! News) The city of Philadelphia on Wednesday unveiled a plan to stop people losing their homes through mortgage foreclosure as more borrowers struggle to meet higher payments under adjustable-rate subprime
Houston mortgage monitor (Houston Chronicle) INDIVIDUAL LENDER RATES The mortgage interest rate list represents a sampling of rates as quoted by lenders in the Houston market on Friday. Rates, which may change on
Analysis: Mortgage ills spreading to other debt (The Arizona Republic) The malaise in the mortgage market is starting to spread to credit-card and auto loans in what one analyst has dubbed consumer credit ''contagion.'' It's an ominous warning signal for
Confused by all the Mortgage Options? Here's Help (Kewanee Star Courier) (ARA) - Fixed rate. Adjustable rate. Interest Only. Flex. All of the different types of home loans that are available these days can puzzle many homebuyers. But, say mortgage experts,