Types Of Bankruptcy

Affordable Housing Agreement Reached  Following months of public meetings and negotiations, a deal has been struck that will increase the number of affordable housing units available in Boyle Heights, according to a statement released


Mortgage-finance giants could threaten U.S. credit rating: Report (Toronto Star)  WASHINGTON?A deep recession could force mortgage-finance titans Fannie Mae and Freddie Mac to require a federal bailout large enough to hurt the U.S. government's top-grade credit rating, Standard & Poor's


Home renovations ebb as mortgage rates continue rise (Contra Costa Times)  The home-renovation boom, spurred by low mortgage rates that made home-equity loans popular and cheap, appears to be cooling off. The latest government construction-spending data -- for November -- shows


National City Closes Mortgage Unit Sale (AP via Yahoo! Finance)   National City Corp. said Tuesday it has completed its $1.3 billion sale of mortgage lender First Franklin and affiliates to Merrill Lynch & Co.read more...


(AFX UK Focus) 2006-04-05 12:15 GMT: Mortgage applications higher, coinciding with big rates jump (Interactive Investor)  WASHINGTON (AFX) -- Mortgage application volumes increased 7.2% in the week ended March 31 compared to the prior week, data from the Mortgage Bankers Association show.read more...


lakeshore home for sale buying at lakeshore-online.com  Your ARM could increase as much as 60%. Lock in a low rate now. $175,000 for $930/mo. 15 year Fixed.Commentread more...

June 6th, 2006

Tips for Avoiding Land Mines In New-Home Contracts

When buying a residence from a builder be on the lookout for these clauses and codicils in the fine print. It can save you money—and aggravation—in the long run.

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