Is a Reverse Mortgage A Good Option for You?
Demand for the loans have risen but costs may make these mortgages a poor choice, although they may work for some cash-strapped seniors. We offer a guide to computing the pluses and the risks.
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Gas line ruptured for second time at construction site WINOOSKI, Vt. Traffic was held up for nearly two hours and a building had to be evacuated yesterday after construction worker ruptured a gas line in downtown Winooski.read more...
Houston Mortgage Monitor (Houston Chronicle) INDIVIDUAL LENDER RATES The mortgage interest rate list represents a sampling of rates as quoted by lenders in the Houston market on Friday. Rates, which may change on
Mortgage Rates Decline This Week (Los Angeles Times) Rates on 30-year fixed-rate mortgages fell to a nationwide average of 5.77% this week, down from last week's 5.8%, mortgage giant Freddie Mac reported.read more...
Business Digest Air travelers this summer can expect to spend more time waiting at gates, circling airports and generally cooling their heels, federal aviation officials say.via
M&T: Mortgage Tumble (Forbes) The regional bank falls on the rapid devaluation of mortgage assets.read more...
Low credit score can increase cost of private mortgage insurance (Pittsburgh Post-Gazette) If you're in the market for a new home and your credit score is marginal, your mortgage insurance rate might be hundreds of dollars higher per month than you expect.read