Natchez church free of mortgage (The Natchez Democrat)
NATCHEZ ? Songs, prayers and words of gratitude resounded through the sanctuary of Christian Hope Baptist Church Sunday afternoon at their mortgage burning ceremony.
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Anxious Home Builders Pile On the Incentives With the housing market looking increasingly frail builders and real-estate agents are going to new extremes to attract buyers, dangling lavish enticements and slashing prices. read more...
Treasuries Rise on Emerging-Market Drop, Mortgage Bond Concern (Bloomberg.com) Feb. 27 (Bloomberg) -- Treasuries rose for a third straight day as a drop in emerging-market assets and a rise in the perceived risk of low-rated subprime mortgage bonds bolstered
Australian Mortgage Funds Under Pressure To Perform: S&P (Asia Pulse via Yahoo! Australia & NZ News) Mortgage funds are facing greater pressure to outperform due to increasing competition, rising fund inflows and low interest rates, according to ratings house Standard & Poor's (S&P).read more...
Subprime Mortgage Problem Contained? Give Me a Break (SeekingAlpha via Yahoo! Finance) Michael K. Dawson submits: I think that some heads are going to roll when Fed Chairman Ben Bernanke and Treasury Secretary Henry Paulson are forced to admit that the
Home-Price Declines Continue Home prices fell a record 16% from a year earlier in 20 major metropolitan areas, according to the S&P/Case-Shiller index. Meanwhile, consumer confidence edged up slightly in July.read more...
Deducting mortgage loan points Don't overlook the points you paid to get a lower mortgage rate. They can be a useful tax break.read more...