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UPI NewsTrack Business  Treasury note gains on economic outlook NEW YORK, Aug. 30 -- Wall Street bid up the value of the 10-year Treasury note Wednesday as traders embraced the idea that


The Psychology of Housekeeping  SACRAMENTO, Calif. - There are dust bunnies in the corner, the windows display mementos of dog noses, and the dishwasher can't be loaded because it has yet to be unloaded. read


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Why Mortgage Life Insurance is Not a Good Idea (Kewanee Star Courier)  (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


Subprime loans under siege  A key Democratic lawmaker said he wants to tighten regulations on mortgage lenders in the wake of a spike in foreclosures by borrowers of subprime home loans, the adjustable-rate mortgages


SEC to review role of Moody's, S& P, Fitch credit rating agencies in subprime mortgage mess (Deseret Morning News)  Federal regulators said Friday they are reviewing the role credit-rating agencies played in the mortgage market debacle for borrowers with weak credit.read more...

December 22nd, 2006

REAL ESTATE: 13th mortgage payment speeds payoff (The Charlotte Observer)

Q. I was told that if you make one extra home mortgage payment each year on a 30-year fixed-interest-rate loan, it will be paid off in 15 years. If that is not true, how many years will it take off the mortgage by making one extra payment every year?

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