Bankrate: Mortgage Rates Stabilize as Oil Prices Ease (PR Newswire via Yahoo! Finance) The average 30-year fixed mortgage rate stabilized as oil prices retreated from recent highs, while rates on other mortgage products dipped slightly. The average 30-year fixed rate mortgage remains
Reverse-mortgage option goes to voters Texas voters approved "reverse mortgages" in 1997, allowing people 62 and older to tap the equity in their houses without the risk of losing them or burdening their heirs with
Mortgage brokers promote bigger conforming loans (North County Times) SAN DIEGO ---- As many as 18,000 households in the San Diego area would be added to the pool of would-be homeowners who could afford to buy a median-priced home
Bernanke: Banks need to beef up ability to detect risks like credit and mortgage troubles (Minneapolis-St. Paul Star Tribune) WASHINGTON - Commercial banks and other financial institutions need to beef up their ability to detect and protect themselves against risks like the credit and mortgage debacles, Federal Reserve Chairman
European Central Bank Raises Rates The European Central Bank raised its key interest rate a quarter point to 3.75 percent Thursday and set the stage for another hike, in a move aimed at keeping inflation
Man indicted in Park Hotel blaze Firefighters attempt to contain the fire that occurred at Park Hotel in Coshocton earlier this month.read more...
(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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