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An Underlying Problem: What's Below Our Cars and Feet   A crisis looms. America's infrastructure is in terrible shape, performs badly and is destined to fail more often. Neglect, lack of political will, bureaucratic myopia and woefully inadequate funding are


Unlicensed contractor leaves Rio Rancho church in lurch  Members of a Rio Rancho church are accusing an Albuquerque construction company of leaving them without a church to pray in by failing to finish a job within budget.via


Selling in a Slow Market  A drop-off in buyer demand and rising home inventories has made putting a house on the market trickier for home owners whose properties appreciated during the boom and who hope


Mortgage repossession actions surge (Reuters.co.uk)  LONDON (Reuters) - The number of court actions entered to repossess homes for mortgage arrears soared by 52 percent on the year, official figures showed on Wednesday, as higher interest


Hazy on Borders, Residents Are Sure of 16th Street Heights    Residents of 16th Street Heights might disagree over the boundaries of the neighborhood, but they overwhelmingly agree that it is interesting, quiet and safe. read more...


AG Coakley indicts five in alleged mortgage scam (BizJournals)  Attorney General Martha Coakley said Friday that her office had indicted several bankers and others, a total of five people, in connection with an alleged mortgage scam.read more...

January 14th, 2007

Mortgage of the Week (Mortgage Introducer)

Alliance & Leicester is offering a fixed rate deal until 31 January 2009, at a rate of 4.84%, reverting to the standard variable rate for the remaining term of the mortgage, currently 7.09%. The overall cost for comparison is 7.1% APR. An Early Repayment Charge is payable if you repay all or part of the mortgage during the fixed rate period.

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