Latest in home loans is a 50-year mortgage (The Philadelphia Inquirer)
Does the American home buyer need a 50-year mortgage? Maybe not, but it’s clear Statewide Bancorp of Rancho Cucamonga thinks Californians do.
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If these walls could talk ... wait, they can She says she gives them a taste, but leaves them wanting more. Heather Mould, a salesperson for Pownal's Country Village Realty, said she has enjoyed tackling a new way of
Mortgage Bonds Fall to New Lows as Paulson Scraps U.S. Buying (Bloomberg) Nov. 12 (Bloomberg) -- U.S. home-loan bonds without federal backing fell to new lows after Treasury Secretary Henry Paulson said the government no longer plans to buy devalued mortgage assets,
Bank of England to detail mortgage plan (Reuters via Yahoo! UK & Ireland News) The Bank of England will unveil on Monday a plan to swap government bonds for commercial banks' mortgage debt in an effort to unblock the home loan market and ease
U.K. Mortgage Approvals Rise to Highest Since 2003 (Update3) (Bloomberg.com) Nov. 29 (Bloomberg) -- U.K. mortgage approvals unexpectedly rose in October to the highest level in almost three years, adding to the case for higher borrowing costs.read more...
Fremont General quits high-risk mortgage biz: Mass. activists hail decision (Boston Herald) One of the Bay State housing market's most aggressive subprime-mortgage lenders is quitting the business - prompting cheers from activists. "We don't need companies like Fremont General,"...read more...
New center will allow troops to train for war in virtual reality Fort Lewis formally opened its newest building Wednesday, a $21 million digital training center where everyone from privates to generals will practice their piece of the fight.read more...