40-year mortgage gaining traction (Arizona Daily Star)
Wells Fargo Home Mortgage, hoping to draw in first-time home buyers, started offering 40-year, fixed-rate mortgages last week.
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Equity release will destroy house value THOUSANDS of vulnerable homeowners are being lured into high-risk equity release schemes that will destroy any value in their homes, according to a damning report published today.read more...
Bankrate: Inflation News Pushes Mortgage Rates Higher (PR Newswire via Yahoo! Finance) Fixed mortgage rates increased following the release of the May Consumer Price Index, which showed inflation still lurks. The average 30-year fixed rate mortgage inched higher from 6.69 percent
Florida Mortgage Rates Higher For Week "However, as long as core inflation continues to trend down and economic growth remains sub-par it is unlikely that we will see any major movement in [ Florida mortgage ]
Appraisers, Still Feeling Pressure Have the real estate valuation shenanigans and inflated home appraisals that characterized the boom years disappeared? read more...
Make Money From Home Improvements Increasing the value of your home with home improvement remodeling When most people set about selling home they forget that their property is worth exactly what someone thinks that it's
Habitat for Humanity to build third house in Madison "It's a great community effort," said Habitat board president Scott Parsley, who was instrumental in creating the affiliation that brought Habitat to Madison in 2001.via