50-year mortgages have drawbacks Imagine lower, affordable house payments spread out over... 600 months? Fifty-year mortgages are starting to appeal to a growing number of first time homebuyers, but the financing trend has major
Who Should Pay Homeowners Living in Dangerous Places? People in disaster-prone areas could soon be billed significantly more for homeowner's insurance. Private insurers have stopped writing new coastal homeowners policies in states such as New York, Massachusetts and
'Not Quite Dupont' to Some; an Inspiration to Many Matthew Nguyen, 34, and Sergio Quintana, 32, had been house-hunting in the District for more than a year before they learned the name of their new favorite neighborhood.
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Bank of America Redefines Home Buying Experience with No Fee Mortgage PLUS (PR Newswire via Yahoo! Finance) Bank of America today announced nationwide availability of No Fee Mortgage PLUS, its groundbreaking home- purchase mortgage product. No Fee Mortgage PLUS is the latest consumer- friendly, no-fee personal
Mortgage apps fall again (USA Today) The number of mortgage applications has hit its lowest point since May 2002, the Mortgage Bankers Association says. It was the third straight week that overall mortgage activity slumped, despite
Why Middle Age May Be Healthy for Your Wallet Economists call it 'the age of reason' -- the point in our lives when we are least likely to make financial mistakes. Research suggests mid-age adults tend to borrow
NVR Inc., the Reston home building company, yesterday reported that its profit rose in the second quarter, but investors instead focused on new evidence of a slowing real estate market and sent the company’s stock down, along with those of other builders.
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