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City-Sized Reservoir to Feed Everglades  IN THE EVERGLADES | Around South Florida's vast sugar cane fields, where turtles grow to the size of basketballs and alligators own the marsh, the silence of the swamp is


Comparing mortgage payments (San Jose Mercury News)  COMPARING MORTGAGE PAYMENTS Here's a scenario that shows what a borrower's monthly mortgage payments would have been if he or she had taken out a 30-year fixed rate mortgage of


Fitch Downgrades $86M in Mortgage Bonds (AP via Yahoo! Finance)   Fitch Ratings on Wednesday downgraded $86.3 million in mortgage bonds secured by Terwin Mortgage Trust, a group of mortgage loan pools suffering from bad credit.read more...


House price inflation at four-year low  House prices fell for a second month in May, bringing the annual rate of increase to its weakest in four years, HBOS said on Tuesday, providing more evidence the housing


Cashing in the endowment and finding a better investment may be worthwhile  Wendy and Steve Moss live with their two children in Guildford, Surrey. Their house is on sale for 290,000 and they plan to buy a home for 185,000 in West


Alt-A    ยท An abbreviation for "Alternative-A," a type of loan that doesn't quite hew to traditional mortgage-underwriting guidelines. read more...

December 15th, 2006

Credit Fees on the Rise

Home buyers and refinancers face higher fees for credit reports beginning Jan. 1, a price boost that has mortgage, credit industry and consumer group leaders fuming.

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