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Confused by all the Mortgage Options? Here's Help (Hope Star)  (ARA) - Fixed rate. Adjustable rate. Interest Only. Flex. All of the different types of home loans that are available these days can puzzle many homebuyers. But, say mortgage experts,


Muhlenkamp's Fund Loses Ground From Shakeout in Mortgage Market (Bloomberg.com)  March 8 (Bloomberg) -- Ronald Muhlenkamp's $2.4 billion Muhlenkamp Fund, which lost value just once in the past 12 years, is getting hurt by the shakeout in the U.S. mortgage


Mortgage crisis expected to cost Bay Area $5.4 billion next year (San Francisco Chronicle)  The subprime mortgage fiasco stands to cost the Bay Area economy more than $5.4 billion next year, according to the latest report intending to put a dollar figure on the


Mortgage Rates Rise on Fed Rate Worries (WJLA-TV Washington D.C.)  Washington (AP) - Mortgage rates resumed rising this week as financial markets became more convinced the Federal Reserve will boost interest rates further.Freddie Mac, the mortgage company, reported Thursday that


Rogue trader to cost SocGen $7bn   Despite the loss, the bank expect to report a net profit, made in 2007 French bank Societe Generale has announced losses of 6.9bn euros , blamed on a fraud


Fifth Third Center sold  A Canadian real-estate investment trust is the new owner of the Fifth Third Center, which includes the 23-story Downtown office tower at the southwest corner of Capitol Square.read more...

September 30th, 2006

“Make sure you review all your paperwork. That is a lot of paperwork. Make sure you know all the terms of your financing because all builders have different incentives.”

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