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Water-Park Vacation Homes And Boomer Roommates  In this week's survey of real-estate news from across the Web Open House looks at a new type of waterfront property, baby-boomer women who are becoming roomies, why remodeling and


Builders' Shares Have Been Hot, Sparking Debate Among Investors  The recent rise in home-builder stocks has outpaced broader market indexes, raising the question about whether the slowdown might end sooner for builders than many expect. Plus, how to make


Airlines Urged to Boost Help for Flying Kids  Susan Cole wanted to fly her 12-year-old son Danny from their Maryland home to Houston so he could catch a football game with his dad, who was there on a


Illegal aliens getting home loans  MILWAUKEE - Javier and Araceli Garcia, illegal immigrants from Mexico, never imagined that the U.S. government would help them buy a home.via


Kane County fights mortgage schemes (Daily Herald)  The increasingly common crime of mortgage fraud and related schemes have prompted Kane County officials to step up communication with homeowners.read more...


Mobile home madness: Prices top $1 million  MALIBU, Calif. , The crazy California real estate market has come to this: a million-dollar trailer.via

October 15th, 2006

Mortgage rate, savings rate linked (Bankrate.com via Yahoo! Finance)

When you make extra principal payments on your mortgage you are, in effect, getting the same “interest” on those amounts that you’re paying on your mortgage.

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