This much for a tarp? (Reg Req’d)
Congress has committed roughly $62 billion to the cleanup and recovery of the hurricane-ravaged Gulf region.
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Georgia's U.S. senators detail wealth, trips U.S. Sen. Saxby Chambliss accepted five trips for speaking engagements from Sea Island to South Dakota in 2005, according to financial disclosure forms members of Congress filed on Wednesday.read more...
Mortgage rates hit lowest level in six months (Contra Costa Times) Rates on 30-year mortgages fell this week to the lowest level in six months, offering support to the sagging home market. Mortgage giant Freddie Mac said Thursday that 30-year, fixed-rate
Renting Is Still Better for Some There's no question that owning a home is a desirable goal, and low interest rates in recent years have made it possible for millions of Americans to buy their first
One million could see their mortgage bill soar by up to a third (Daily Mail) Up to a million homeowners are facing a mortgage timebomb as the end of cut price deals sends repayments soaring by up to a third. Huge numbers of fixed-rate deals
Lehman to Cut 1,300 Mortgage Jobs (NYTimes.com via Yahoo! Finance) In a move that will shed 1,300 jobs, Lehman Brothers said it would stop wholesale mortgage lending amid a continued slump in credit and housing.read more...
No tax cuts for mortgage payments: PM (The Age) Prime Minister John Howard has rejected the idea of making mortgage payments tax deductible. -read more...