Super tactic can cost on home loans
Turbocharging super by extending your mortgage term can cost you excessive interest, writes Annette Sampson.
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Mortgage applications slip lower (Market Watch) WASHINGTON (MarketWatch) -- The number of applications for mortgages dropped 0.9% last week as interest rates bounced off a five-month low, the Mortgage Bankers Association reported Wednesday.
30-year mortgage rates fall for 2nd week (Victoria Advocate) Mortgage giant Freddie Mac reported Thursday that rates on 30-year, fixed-rate mortgages averaged 6.24 percent this week, down from 6.26 percent last week.read more...
Ex-Taliban NY spokesman pleads guilty to fraud A former top diplomat for Afghanistan Noorullah Zadran, once a leading voice of the Taliban on U.S. television news, pleaded guilty in U.S. District Court in Manhattan to one count
Real estate editor Maryann Haggerty and columnist Elizabeth Razzi expand on a question submitted in a recent online chat. read more...
Bear Stearns CEO Renting Out House Alan D. Schwartz has taken his suburban New York home off the market, listed for $4.5 million, and is renting it out instead. read more...
Plan to start Net bank for blacks stalls The effort to create a Boston-based online bank targeting African-Americans has stalled after the bank's backers missed the regulatory deadline to raise enough money for the project.read more...