A Growing Alternative To Home Equity Lines It's an eyeball-grabbing number for anyone interested in real estate: Nearly 3 out of 4 homeowners who refinanced through Freddie Mac from July to October "cashed out," walking away
Hong Kong mortgage approvals fall 12 pct in Dec (Reuters via Yahoo! Asia News) HONG KONG, Jan 25 (Reuters) - New mortgage loans approved in Hong Kong continued to fall in December, dropping 12 percent from the previous month, as interest rate rises
Wall Street rally extends as Bear Stearns takeover price hiked "We seem to be finding a bottom in home sales even as prices keep falling" The US stock market extended its rally Monday as a sharply higher price announced
There's a Lot of `Redneck' Lit Now read more...
Mortgage fears drive up rates on jumbo loans (The Arizona Republic) Turmoil in the U.S. home-mortgage market is starting to pinch even buyers of high-end homes with good credit records, in the latest sign of rising anxiety among lenders and investors.read
Mortgage delinquencies spreading: AIG (Reuters via Yahoo! News) Residential mortgage delinquencies and defaults are becoming more common among borrowers in the category just above subprime, American International Group said on Thursday.read more...
If you used these government savings to pay college costs, the interest on the bonds is tax-free.
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