Types Of Bankruptcy

Buffett blames banks for credit crisis  Blame for the sub-prime crisis lies at the feet of banks who took too many risks in mortgage lending, U.S. billionaire investor Warren Buffett told newspaper El Pais in an


Mortgage rates hit year low (CNN Money)  Mortgage rates eased last week hitting their lowest level this year, hurt by concerns about the U.S. economy and the recent shake up in overseas stock markets, Freddie Mac reported


Australian Car Sales Seen Remaining Strong in June  The car industry's hopes of selling a record one million vehicles this year will become clearer this week with the release of first-half sales figures.via


Foreclosure filings jump in Mass. as home values soar  The combination of high housing prices, low interest rates, a sluggish job market, and new mortgage products that allow borrowers to stretch their finances to pay for their homes has


Mortgage rates finally stop rising (Bankrate.com)  Mortgage rates finally stopped rising. Rates had gone up nine weeks in a row. This week, for the first time since early September, mortgage rates didn't rise.read more...


Selling it all on eBay  At the ranch-style home that Lisa and Scott rent near Toano, there's no sign of the upcoming holidays.read more...

October 24th, 2006

Confused by all the Mortgage Options? Here’s Help (Evening Times)

(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, virtually every home loan is one of two types: a fixed rate loan or an adjustable rate loan.

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