Owning home is smart choice
Question: I am 26 years old, engaged and currently renting an apartment. I make $60,000 a year.
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Movement may be seen on mortgage aid plan: Rep. Frank (Reuters via Yahoo! News) An influential Democratic congressman said on Wednesday the Bush administration was willing to discuss a bold plan he proposed to tackle the nation's worsening mortgage foreclosure crisis.read more...
Mortgages: Long-term mortgage rates fall, ARMs rise: Freddie Mac (Market Watch) CHICAGO (MarketWatch) -- Long-term mortgage rates fall slightly this week while ARM rates tick up, according to Freddie Mac?s weekly survey.
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Bank survey predicts tighter mortgage market (ShareCast via Yahoo! UK & Ireland Finance) The Bank of England's closely watched quarterly credit conditions survey has predicted mortgage availability could be even more restricted in the next three months as the number of loan defaults
February New Housing Sales: Can't Blame The Weather Peter Coy in his post Big Drop in New-Home Sales [Hot Property] says: Don't blame it on the big snowstorm that hit the Northeast, giving New York's Central Park a
HSBC Chief Says U.S. Mortgage Delinquencies Being Contained (Bloomberg.com) May 22 (Bloomberg) -- HSBC Holdings Plc, Europe's biggest bank by market value, has ``contained'' a deterioration of its U.S. mortgage loan portfolio, said Chief Executive Officer Michael Geoghegan.read more...