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Refinancing an exotic mortgage (Bankrate.com via Yahoo! Finance)   A sluggish home-sale market combined with tighter credit is making refinancing out an ARM or exotic mortgage more challenging, but not impossible.read more...


Tough budget essential to put lid on interest rates  "The extent to which mortgage stress stays quite as bad as it is, the Government has in its hands the opportunity to do something about it. So far we haven't


Federal judge takes over mortgage scam case (Newsday)  Saving Anthony and Carol Calvagno from being evicted from their longtime home, a federal court judge has agreed to take over the case of the Deer Park couple who lost


A freeloader in Mumbai  Mumbai can be an expensive city, especially if you, like me, have a lot of time to spare.via


Why Mortgage Life Insurance is Not a Good Idea (Wellsville Daily Reporter)  (ARA) - If you've recently taken out a mortgage, brace yourself for the onslaught. Before you even finish unpacking, your mailbox will likely be filled with offers for all kinds


Auto Workers Seek Information on G.M.?s Ties to Mortgage Risk (New York Times)  The president of the United Automobile Workers union said Tuesday he was concerned by General Motors? exposure to the mortgage lending arm of its former finance.read more...

October 21st, 2006

Mortgage rates end week mixed (Orange County Register)

Mortgage rates rose this week in Orange County, National Financial News Services reported. The average rate on a 30-year fixed with a one-point fee rose slightly to 6.12 percent. The introductory rate on a one-year adjustable with a two-point fee hit 4.408 percent.

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