Twisting your ARM or breaking it?
No need to panic, we’ll be fine… As long as jobs don’t decline, or home prices don’t decline, or rates don’t increase.. From ABC News: “As interest rates increased steadily over the past year and the …
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Rates decline on soft inflation news Benign inflation news was followed by lower mortgage rates this week.read more...
Fairfield attorney convicted in $2.5M bank fraud A Fairfield lawyer, accused of bilking at least 17 clients out of $2.5 million, has been convicted of bank fraud.Commentread more...
Ginnie Maes Look More Attractive If the Federal Reserve does as expected and leaves short-term interest rates unchanged next week, investors looking for a conservative income mutual fund might consider those that invest in Ginnie
NetBank takes steps to dispose of mortgage operations, specialty financing business NetBank Inc. said Nov. 6 it completed two transactions that effectively end its nonconforming mortgage and RV, boat and aircraft financing operations.Commentread more...
Is the Housing Boom Headed For a Soft Landing or a Crash? Standard & Poor's predicts that the bubble will end with a fizzle, not a bang, but says it's hard to tell when the market might weaken.read more...
Picking up the pieces after tragedy and turmoil Jeanne Cronin speaks in a calm whisper about her predicament. But her situation is desperate.read more...