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Fixed-rate mortgage deals withdrawn  Fixed-rate mortgage deals are being taken off the market by banks and building societies.Commentread more...


US housing market stays hot as existing sales surge to record  The sizzling US housing market showed no signs of cooling in April as new data showed a 4.5 percent monthly jump in existing home sales to an all-time record.via


Check Humidity of Musty Smelling Home  read more...


ADV: Affordable Health Insurance – Free Quote  Affordable health, dental, and life insurance for you and your family. Fill out our form for a competitive quote.via


Why Mortgage Life Insurance is Not a Good Idea (Stuttgart Daily Leader)  (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


Fed Signals Hikes Will Continue  The Federal Reserve pulled no punches Thursday in its fight against inflation, boosting its benchmark short-term interest rate by a quarter point and signaling that it had no plans to

March 14th, 2007

Primer on subprime loans, troubles in the mortgage industry (San Francisco Chronicle)

The subprime mortgage mess is a major contributor to this month’s stock market swoon. Here are answers to questions about the situation. Q: What is a subprime loan? A: There is no official definition. It’s generally described as a loan to a…

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