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Preserving the Past  Promma Sutawongse has no degree from an art school. His work _ building, decorating and preserving Northern-style temples _ reveals not only an adept skill in folk arts that no


Barclays ?wide open? to new mortgage business (Financial Times)  Barclays said it was ?wide open? for new mortgage business at a time when other lenders were reining back because of the credit squeeze.read more...


Clark Shoots Down Mortgage Levy  Prime Minister Helen Clark has declared the idea of a mortgage levy on fixed home loans as "dead in the water". But instead of blaming Finance Minister Michael Cullen for


Wachovia leaves wholesale mortgage lending business (Minneapolis-St. Paul Star Tribune)  CHARLOTTE, N.C. - Wachovia Corporation, the nation's fourth largest-bank, said Monday that it is leaving the wholesale mortgage lending business. Beginning July 25, the company will no longer offer mortgages


Florida, U.S. foreclosure rates up  National foreclosures increased less than 2 percent from April to May 2006, but are up 28 percent from May 2005, says RealtyTrac U.S. Foreclosure Market Report.read more...


Interest-only mortgages raise stakes  Once a frustrated renter, Chris Economou is now a happy homeowner, enjoying a splendid view of San Francisco and an $80,000 increase in his property's value since he bought the

December 2nd, 2006

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

(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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