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Mortgage REIT?s Are Aloft, but Dangers Remain (New York Times)  The direction of a sector may depend in part on the Fed?s next moves.read more...


Mortgage relief sought (Baltimore Sun)  Bankers, U.S. officials pursue a freeze on subprime loan rates The Bush administration and the mortgage industry, trying to combat a huge wave of foreclosures, are hammering


One million could see their mortgage bill soar by up to a third (Evening Standard)  Up to a million homeowners are facing a mortgage timebomb as the end of cut price deals sends repayments soaring by up to a third.read more...


Mortgage brokers scramble to retain business, reassure public of ethical standards amid bust (Savannah Morning News)   Mortgage brokers who haven't fled the industry or been forced out are in survival mode. read more...


Democrat Wants More Housing Aid For Struggling Homeowners  Congressman Barney Frank is floating an initiative that aims to refinance high-cost loans using government assistance. read more...


Twentysomething, College-Educated And Moving Back In   When Melissa Jenkins received her college diploma last year, she was ready to get on with life -- and move in with her parents. read more...

November 12th, 2006

Keep an eye out for hidden fees

Fees slapped on your money are the bane of the average investor. Extra costs can be slipped in so many different ways by investment firms that the investor often doesn’t realize it.
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