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Heavy debt load makes Americans vulnerable  The average American puts away just $1 for every $100 earned and is digging deeper in debt .read more...


Bush Touts Mortgage Plan For Housing and Credit Crises  The administration insisted it is on top of the housing and credit crises. Bush reaffirmed his opposition to bailing out lenders. read more...


Morgan Stanley Shuffles Mortgage Unit (San Francisco Chronicle)  Morgan Stanley said Tuesday it is cutting about 600 jobs and slimming down its mortgage business, after a credit crisis upended the home loan industry this summer and forced other


Veterans Mortgage Program Popular (Market Wire via Yahoo! Finance)   In the first 70 days of the current fiscal year, more Alaska veterans were able to take advantage of the lower mortgage interest rates offered under the state's Veterans


In tomorrow's Argus Leader  Interest in adding sunrooms has skyrocketed in the past few years. It's among the top seven home improvement projects Americans are spending money on, right up there with remodeling kitchens


Building a house in Spotsylvania County is going to cost more  It's about to get a lot more expensive to build a house in Spotsylvania County. When developers seek rezonings to build new subdivisions, the Board of Supervisors now expects them

December 31st, 2006

Confused by all the Mortgage Options? Here’s Help (Wellsville Daily Reporter)

(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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