Bubble fear? Rethink your mortgage
If talk of a real estate “bubble burst” has you a little nervous, first analyze your mortgage to see if those fears are warranted.
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Best to stick with a fixed mortgage (Pioneer Press) Q. I'm house hunting this spring and have found a couple of nice homes, so I'm thinking about the next step. Which type of mortgage is best?read more...
Regulator to help IndyMac mortgage borrowers (Washington Post) WASHINGTON (Reuters) - Thousands of homeowners with distressed mortgage loans linked to failed lender IndyMac (IDMC.PK) may soon be able to avoid foreclosure under a program announced on Wednesday by
Economist: Housing Slump May Exceed Depression "Basically we're in uncharted territory" An influential economist who long predicted the housing market bubble cautioned Tuesday that the slump in the U.S. housing market could cause prices to
7th Guilty Plea Filed In Mortgage Fraud Case (KMBC TheKansasCityChannel.com via Yahoo! News) An accused kingpin of a high-profile mortgage fraud scheme pleaded guilty Friday in federal court.read more...
2 firms selected for mortgage securities program (AP via Yahoo! Finance) The Treasury Department has picked two financial institutions to manage a program it unveiled last month to provide support for beleaguered mortgage-backed securities.read more...
Land of opportunity: developers find space By: Charles Slat story updated October 02. 2006 11:50AM Buy this photo - Evening News photo by BRYAN BOSCH A weed flourishes in an empty lot where Carl Giordano plans