Types Of Bankruptcy

U.S. consumers earmarking rebate checks for necessities, not shopping sprees  MIAMI : The U.S. government is showering households with tax rebates to spur spending and invigorate a troubled economy.read more...


Deadline near for low rates on loans (Reg Req'd)  David Hiett of Richmond made it through the College of William and Mary in the black, using family savings to pay for his education.via


Mortgage bankers and brokers trade barbs (Sharewatch)  The head of the mortgage banking industry's trade group claimed brokers profited from a home loan boom but didn't do enough to examine whether borrowers could repay.read more...


NAHB CHIEF: MORTGAGE INTEREST LIMITS A GUT SHOT TO AMERICAN MIDDLE CLASS (BuildingOnline)  The National Association of Homebuilders on Tuesday swiftly attacked recommendations made by a Presidental tax refom panel that would limit mortgage interest deductions for homeowners.read more...


Most Japanese Reluctant to Borrow  At a forest shrine lined with incense-burning urns, Japanese pilgrims enter a small cave where they stoop to wash coins and bills in trickling spring water.read more...


Selling your home online gets easier every day  Dear Real Estate Adviser, How difficult is it to sell your home online? Is there a Web site where you can do that? -- Mellow W. Dear Mellow, It's getting

January 19th, 2006

No-Money-Down Home Buying Potentially Dangerous

As housing prices soared last year, an eye-popping 43% of first-time home buyers purchased their homes with no-money-down loans, according to a study released Tuesday by the National Association of Realtors.

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