Types Of Bankruptcy

Paris Fire Kills 17, Half Are Children  A blaze raced through a Paris apartment building housing African immigrants early Friday, killing 17 people, at least half of them children, officials said.read more...


HGTV can finally go home   Pick a home improvement project, any home improvement project, and it never really goes as planned.read more...


New City Hall almost ready  It has been a hotel and at least two banks, but in two weeks it will become City Hall.read more...


Too many mortgage quotes can damage your rating (Reuters.co.uk)  LONDON (Reuters) - Many homebuyers may unwittingly damage their credit rating when applying for a mortgage, a leading credit reference agency said on Friday.via


Wallpaper store riding construction boom  Betty Booth says her wallpaper store, WallSource, has seen a summer sales spurt.read more...


Lawmakers Struggle to See Beneath the 'Froth' in Greenspan's Testimony (Reg Req'd)  The chairman of the Federal Reserve wanted to make one thing perfectly clear: There is no housing bubble.via

February 10th, 2007

Are mortgage discount points worth the risk? (Naples Daily News)

Pay discount points on a mortgage, and you take a gamble. Plenty of borrowers lost that wager in recent years, according to a pair of economists. Yan Chang and Abdullah Yavas set out to describe consumers? behavior, not to give advice about whether one should pay discount points.

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