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Not all home loans are equal (Reg Req'd)  Latinos who took out home loans in Santa Clara County last year ended up with high interest rates much more often than whites or Asians, a Mercury News analysis of


Extension on home construction moratorium fails (Reg Req'd)  Deep into Monday night, the City Council voted 2-3 not to extend a controversial moratorium that prohibits three-story home building in the city's coastal area.read more...


Installer and finisher  "What works for the people that I work for is to be very honest and follow through" To get a handle on where area home construction is growing, one


Albany Chamber ready to burn mortgage (Albany Democrat-Herald)  Albany Area Chamber of Commerce members will celebrate paying off a $100,000 mortgage four years ahead of schedule with a party from 4 to 6 p.m. Tuesday at the chamber


Poll: A third of adjustable-rate mortgage holders worried about payments if rates go up (Boston Herald)  WASHINGTON - The future is gnawing at homeowner Scott Klimek. Will the interest rate on his adjustable-rate mortgage go up? Will he be able to afford the monthly payments if


Front ratios, back ratios and gross income  The mortgage-related ratios apply to your gross income, not net income, says Dr. Don.read more...

August 8th, 2006

Fed’s ‘pause’ gives consumers, investors some breathing room

The Federal Reserve’s decision not to raise rates for the first time in two years should give both consumers and businesses some breathing room.

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