Types Of Bankruptcy

Despite National Application Increase, Local Mortgage Activity Falters (The Memphis Daily News)  Mortgage applications have increased nationwide, but mortgage loans in Shelby County continued their downswing in May as lenders grappled with tighten....read more...


Count to five before you send mortgage payoff (The Tennessean)  Many people look forward to the day they own their homes free and clear, but gathering the money to pay off the mortgage is only part of the process. Make


Romancing the home  Romance isn't just champagne and roses. Romance is sinking into a plush sofa in front of a crackling fire.read more...


Bonds hold despite data  South African bonds ticked slightly weaker after the poor credit numbers on Wednesday, but then stabilised to eke out a slight gain of one basis point for the day.Commentread more...


Affordable home-buying  Jacqui Hall is living proof that low- and moderate-income New Yorkers can break out of renting and into home ownership without going broke.via


Net Offers Buying Sight Unseen, But Should You?  News & Advice > Buyers' Advice Browsing for housing is not just an ancillary tool in the quest to buy a home.read more...

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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