COST OF BORROWING Mortgage rates seem unlikely to be slashed (The Nation)
Despite the overall downward trend of interest rates, mortgage rates are unlikely to be cut at present as banks need to maintain their margin at the current level.
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Inflation above official target Inflation remained above the Bank of England's 2% target last month as higher gas and electricity bills continued to take their toll, official figures showed.read more...
White House aims to simplify mortgage process (CNN Money) Buyers would get easier-to-understand mortgage terms and save about $700 in closing costs under a new proposal.read more...
Katrina Toll: Biggest loss of homes ever, construction supplies squeezed, rebuild will take years A preliminary report issued by NAHB says "the number of homes destroyed by this catastrophe is almost certain to dwarf the losses from any previous U.S. natural disaster." While the
Preferring police protection It seems that people aren't the only ones who feel safe near a police station. A mother duck has been building a nest beside the South Bend police station every
Experience, Thoroughness Are Key Attributes Q DEAR BARRY: I am quite disgusted with the home inspection industry. Before buying my home, I hired the inspector who was recommended by my agent. First of all,
FDIC can help you shop for a mortgage (The Times of Northwest Indiana) If you are thinking about a mortgage, the Federal Deposit Insurance Corporation's publication, "Looking for the Best Mortgage" (available online at www.fdic.gov/consumers/looking/index.html ) can help you.read more...