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Inflation slows on energy, but core ticks higher  Canada's inflation rate slowed to 1.2 per cent in January, with lower gasoline prices offsetting the rising cost of housing, Statistics Canada said Tuesday.Commentread more...


U.S. MBA Mortgage Applications Falls to an Eight Year Low on Higher Borrowing Costs (Daily FX)  U.S. mortgage applications dropped 20% to 379.9 to reach its lowest level since 2000 as potential home buyers face higher borrowing costs.read more...


County Panel Denies Subdivision Proposal  read more...


100 percent financing can bite overeager buyers  It's difficult to have a housing slowdown when there is very little inventory. That's why housing bubbles are viewed as regional occurrences, and not national trends.read more...


Why Mortgage Life Insurance is Not a Good Idea (Ridgecrest Daily Independent)  (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


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November 3rd, 2006

Sweating it out:Poll:Many homeowners worried they can’t handle adjustable mortgage increases (Gloucester Daily Times)

WASHINGTON (AP) – The future is gnawing at homeowner Scott Klimek. Will the interest rate on his adjustable-rate mortgage go up? Will he be able to afford the monthly payments if it does?

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