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ADV: Free Career Test  Considering a career change? Take this simple test to find your true talent and matching colleges. Start your future today.via


2,403 to lose jobs at mortgage lender IndyMac (The Plain Dealer)  Los Angeles- Mortgage lender IndyMac Bancorp Inc. said Tuesday it will slash its work force by 24 percent, dismissing 2,403 employees in a bid to cut costs as it tries


Put a Lid on Rising Mortgage Payments (Daily Clay County Advocate-Press)  (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?read more...


Business notes  The following are items of interest about Jefferson City area businesses and business people.via


Cul-De-Sacs And Chums In Blooms Crossing   Sharon Corbin and Patricia Reis moved to the Manassas Park community of Blooms Crossing in 1997 because they wanted camaraderie without a smorgasbord of recreational facilities they would never use. read


Wary of risk, Wall Street bankers sold shaky mortgage debt (International Herald Tribune)  At the same time they were selling risky mortgage-related securities to investors, many firms were protecting themselves from losses.read more...

August 18th, 2006

Your Money Matters: Dealing with Rising Mortgage Interest Rates

Many Americans are asking themselves what they should be doing in the wake of rising, and sometimes, fluctuating mortgage rates.

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