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Your Money Matters: Dealing with Rising Mortgage Interest Rates (Waynesboro Record Herald)  (ARA) - Many Americans are asking themselves what they should be doing in the wake of rising, and sometimes, fluctuating mortgage rates. It's an important question because for many Americans


Getting a Mortgage with Bad Credit (Benton Evening News)  (ARA) - Having bad credit is not the end of the world and it's not impossible to get a loan. Generally, credit scores below 600 are considered sub-prime and the


Mortgage company honors teacher (The Arizona Republic)  For nearly three decades, art teacher Margit Szabo Goodman has given of herself to her students. A Valley mortgage company recently recognized Goodman, who teaches at Hillcrest Middle School, and


Australia's Central Bank Buys Mortgage-Backed Bonds; Banks Gain (Bloomberg.com)  April 21 (Bloomberg) -- Australia's central bank bought A$780 million ($730 million) of mortgage-backed bonds in its biggest purchase of this debt to support the nation's dormant home-loan securities market.


Aegis Mortgage suspends lending (Houston Chronicle)  Houston-based Aegis Mortgage Corp., a mortgage lender whose owners include private-equity firm Cerberus Capital Management, said today it had suspended all loan originations amid the worsening housing and credit markets.


High prices force creative housing  Some are buying homes with friends or siblings. Others barter for rent - or live in buildings where residents share occasional meals, childcare and sometimes a car.read more...

August 5th, 2006

Houston Mortgage Monitor (Houston Chronicle)

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