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Pros and cons in 40-year mortgage (The Age)  It allows an extra 10 years to pay off the mortgage, but is the 40-year mortgage really as attractive as it sounds? While it has yet to make its way


Fight Over GSE Reform Comes to Senate Panel  The banking industry will be keeping a close watch on Sen. Richard Shelby in the next week as he unveils a bill to provide stricter oversight of Fannie Mae and


Mortgage fraudster must pay 4.2m  Dale was made bankrupt as an estate agent in the 1980s A businessman who admitted building a property empire by using fraudulent mortgages has been jailed for two years and


Protecting Privacy When Selling a Home  My late father-in-law, a journalist at the Chicago Sun Times , used to refer to himself as a "professional observer," quoting a certain city hall reporter from the paper.Commentread more...


Lawmakers seek Starrett hearing  Two federal lawmakers from Brooklyn called on Congress yesterday to probe the sale of Starrett City, the nation's largest subsidized affordable-housing development, which was purchased last week for $1.3 ...Commentread


Mortgage interest deduction not always best  When analyzing whether to deduct your mortgage interest, you have to also consider the standard tax deduction and your tax rate, says Dr. Don.read more...

December 29th, 2006

Why Mortgage Life Insurance is Not a Good Idea (Ridgecrest Daily Independent)

(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 of services.

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