Correction: Borrowing Trouble (New York Times) An article last Sunday about a class-action lawsuit over mortgage lending practices referred incorrectly to the loan-to-value ratio that is considered prudent for mortgages. It is a maximum of 80
Concord Mortgage Office Going Out of Business (KRON 4 Bay Area) Posted December 15, 2006 at 11:00 a.m. PHILADELPHIA (AP) - Some Bay Area employees of an East Coast-based bank will out of work soon. Philadelphia-based Sovereign Bancorp says it will
July Heat Hit Homes Perhaps nine straight days of 90-degree-plus days in July are to blame for the steepest monthly decline in home sales so far this year in the 13-county area.read more...
A Buyer's Nightmare When Deal On a Duplex Goes Horribly Wrong What recourse does a prospective homeowner have when the house he had a contract on turns out to have hidden flaws but the sellers refuse to return the deposit?read
Mortgage insurance premiums to be tax deductible (The Buffalo News) WASHINGTON - Premiums on private and government mortgage insurance will become tax-deductible next year for some borrowers for the first time under legislation passed by Congress.read more...
March Durable Goods Orders Sink New orders for long-lasting U.S.-made goods plunged unexpectedly by 2.8 percent in March, the biggest drop since September 2002, as orders for aircraft fell sharply, the government said on Wednesday.via
(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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