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Support Mixed for Mortgage Cap Plan; Lending Limit Would Rise in Pricey Areas  A proposal to reduce housing costs by relaxing federal lending limits in pricey real estate markets drew a mixture of praise and sharp criticism yesterday from real estate analysts.read more...


Korea to Get U.S. Mortgage Insurance (donga.com)  Genworth Financial, a heavyweight U.S. financial services company, is launching into the Korean mortgage insurance market. As major local insurance firms also get ready to plunge into the market, mortgage


Schumer Calls For Crackdown On Sub-Prime Mortgage Lenders (NY1 News)  Senator Charles Schumer wants to see a state crackdown on mortgage companies who he says are pushing more and more New Yorkers into foreclosure.read more...


Stretching Old Formulas Can Take You to the Edge    For most people, a home is the most expensive purchase they will ever make. Figuring out how much they should spend can be overwhelming. read more...


Steep housing costs spark skills exodus  The number of Sydney households suffering "housing stress" - where more than one third of income goes on rent or mortgages - has jumped by more than 50 per cent


Before You Build / Contracts show agreement on work to be done  Q: I have sought out bids from three contractors to repair a large deck in my backyard.read more...

July 31st, 2006

Put a Lid on Rising Mortgage Payments (Ionia Sentinel-Standard)

(ARA) – Do you have a balloon mortgage that is coming due or an adjustable rate mortgage payment that has been steadily creeping up as interest rates change?

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