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this Old House  In this episode of This Old House, Kevin tours the historic U Street district of Washington D.C. while Norm goes to pick out a mantle from a salvage yard.read more...


Online Bettors Find a New Love: Real Estate  THE world's online betting markets have done quite a nice job of predicting the future lately.read more...


Americans' unhappy birthday: 'Too much wrong right now'   Even folks in the Optimist Club are having a tough time toeing an upbeat line these days. Eighteen members of the volunteer organization's Gilbert, Ariz., chapter have gathered, a few


China: U.S. Mortgage Crisis a Global Problem (Washington Post)  XIANGHE, China, Dec. 12 -- On the first day of high-level economic talks, Chinese officials turned the tables on their American counterparts, saying the subprime mortgage crisis that has shaken


30-Year Mortgage Rate Climbs to 6.53% (Los Angeles Times)  Rates on 30-year, fixed-rate mortgages averaged 6.53% this week, up from 6.49% last week and the highest since the week ending July 12, 2002, mortgage company Freddie Mac said.read more...


Memorize the 7 tricks to avoid getting stuck with a money pit  OUR FIRST mistake was being young and in love. Besides that, we did everything else wrong, too.Commentread more...

November 1st, 2006

Abbey ups mortgage limit to 5 times salary (Reuters.co.uk)

LONDON (Reuters) – Abbey, the country’s second largest mortgage lender, has increased the amount it will typically lend to up to five times income, to help first-time buyers.

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