Equity jump offsets risk of rising rates Q: We bought our home 14 months ago, using 100 percent financing with a 6.1 percent fixed-rate mortgage for the first three years that will convert to an adjustable rate
INDUSTRY TRENDS: Mortgage outlook (Courier-Post) Adjustable-mortgage products that made the housing market more resilient over the past five years have left it more fragile as interest rates rise, complicating life for the Federal Reserve.read more...
In Shadow of Old Prison, Many Freedoms to Enjoy Lorton used to conjure images of inmates, forbidding walls and barbed wire. read more...
Asia Debt: German Fund Sets Malaysia Islamic First In another first for Malaysia's emerging Islamic bond market, the sector is poised to complete its maiden offering from an international property fund.read more...
Mortgage Aid Set for 20,000 Storm-Hit Homes (New York Times) The federal government will help an estimated 20,000 families make 12 months of mortgage payments on homes that were damaged by the Gulf Coast hurricanes.read more...
today CITRUS CENTER KIWANIS CLUB Lakeland Z. Milton will give a program on Chain of Lakes Achievers Inc. WHEN: 7 a.m. LOCATION: Alumni Room, Thrift Building, Florida Southern College PHONE: 284-5673
JUNO BEACH, Fla.——Jan. 11, 2006—Florida Power & Light Company today announced the sale of $400 million principal amount of 31-year first mortgage bonds bearing interest at 5.65 percent per year and maturing on February 1, 2037.
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