3rd person charged in $4.2 million mortgage fraud Two men who authorities said lined up properties or investors in a multimillion dollar mortgage-fraud scheme were sentenced to prison.Commentread more...
U.S. stock investors taking cues from economic data on housing activity "Among the economic data on the radar next week will be existing home sales on Thursday and new home sales on Friday.Commentread more...
Mortgage deduction on block? (San Francisco Chronicle) President Bush's Advisory Panel on Federal Tax Reform is likely to propose next week a change in the deduction for home-mortgage interest that, if adopted by Congress, would have a
How to Save for Your First Home As Buying One Gets Tougher With today's lofty housing prices purchasing even a 'starter home' can mean saving tens of thousands of dollars for a down payment. We offer several suggestions that may make the
Mortgage rate hits lowest level in month (Tulsa World) The nation's benchmark mortgage rate is at its lowest level in a month. The average 30-year, fixed-rate home loan has dropped to 6.31 percent from 6.40 percent last week, government-affiliated
20 percent of mortgage holders are underwater, report says (St. Louis Post-Dispatch) Here's a shocker: almost half of Nevada homeowners with a mortgage owe more to the bank than their homes are worth.read more...
(ARA) – Fixed rate. Adjustable rate. Interest Only. Flex. All of the different types of home loans that are available these days can puzzle many homebuyers. But, say mortgage experts, virtually every home loan is one of two types: a fixed rate loan or an adjustable rate loan.
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