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HSBC Buys Champion Mortgage Portfolio (AP via Yahoo! Finance)   HSBC Holdings PLC said Friday it bought the US$2.5 billion mortgage loan portfolio of Champion Mortgage, a division of KeyBank NA.read more...


Vinson replaces Integrity ad campaign  From Business First of Columbus It's hard to imagine Columbus radio without the ubiquitous Integrity Mortgage "There is a difference" jingle, but get ready for something new.read more...


Housing slump lowers lumber prices, but not other material costs  "Mills are riding high if housing is strong" Those thinking about building a deck this summer, or another project that requires large quantities of wood, might be able to


We keep up with a mortgage (Richmond Times-Dispatch)  Despite fears that Americans are taking on risky home loans, they are doing a good job of paying their mortgages, according to a study released yesterday by the Mortgage Bankers


New Tools That Make Gardening Less of a Chore for 'Geezers'  The people who spent the most on their gardens in 2005 were 55 or older, the National Gardening Association says. June Fletcher on gadgets designed to help graying gardeners prevent


The trillion-dollar mortgage time bomb (CNN Money)  Among the nightmares lurking around the corner for the already battered housing and credit markets would be a meltdown at mortgage financing giants Fannie Mae and Freddie Mac.read more...

December 31st, 2006

Deciphering Mortgage Points: Research Shows Few Do It Right

Are you scoring points but losing out? When interest rates fell to historic lows recently, fewer borrowers bothered paying ‘points’ to reduce their rates. Buying points can still make sense, however, if you play the numbers right.

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